New Delhi, March 15 -- Crude oil prices are on a boil, and have emerged as a big headache for the Indian economy and also the stock market investors. The prices have jumped to their highest level in four years as the conflict in the Middle East has resulted in supply disruptions through the Straight of Hormuz, which accounts for nearly 25% of global oil passage.

Brent crude oil prices traded above $100 remained on track to end higher for the second week, up 9%, as the US-Iran war entered its 14th day today. WTI crude futures have risen 6% this week and neared $96 per barrel.

At the start of the week, Brent crude prices had neared the $120 mark only to cool off amid measures by the IEA to ease supply concerns. However, analysts are not r...