$USO $EONR My prediction is that, the price of oil will keep rising up regardless of how much manipulation it faces.
The only way it can be halted is if Trump suddenly agrees to stop the war on the terms of Iran which is very rare (may be 5% chance). Iran will try to exploit this situation to get the best deal, one of which is that, it can claim 10% tariff of every oil tanker that crosses the strait of Hormuz. It can even request for American bases to be removed from the region. They will try to use every leverage they have regardless how sever they get bombed. I believe this will take weeks if not months to resolve. Meanwhile we will see oil prices going higher. As a result all related products, such as gases, petrochemicals, fertilizers and certain petrol byproducts will be impacted in supply chain and in prices.