Oil prices spiked after Israel attacked Iran to degrade its nuclear capabilities. Where the market goes from here will depend on how Iran responds. The most extreme scenario is that the regime escalates by attempting to shut the Strait of Hormuz, the narrow waterway at the mouth of the Persian Gulf. Bloomberg's Will Kennedy reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: