Is Oil Price Anticipating an Imminent War Between Iran & Israel?

The war in the Middle East may be about to widen. Consider the following:

(1) The Israeli intelligence community reportedly believes that Iran has decided to directly target Israel in retaliation for the assassination of Hamas Political Bureau Chief Ismail Haniyeh. That decision was made after an internal debate between the Iranian Revolutionary Guards (IRG) and the new Iranian president and his advisors. The IRG has been pushing for a more severe and widespread response than the April 13 attack on Israel. The president and his advisors advocated for a more limited attack.