Oil prices have been affected by the conflict between the US and Iran, with some reports indicating a slide of over 1% due to concerns about the reopening of the Strait of Hormuz. However, other reports suggest that oil prices have actually risen, with some outlets citing increases of over 1% or more than a dollar per barrel, amid escalating strikes and tensions in the region. The situation appears to be uncertain, with conflicting reports on the impact of the conflict on oil prices.