With the escalation of the situation in the Middle East, the price of crude oil in the international oil market has risen sharply  However, many economic analysts are optimistic that oil prices cannot continue to rise unless there is a sudden increase in demand or a collective boycott by the oil producing countries in the Middle East
If the oil producing countries in the Middle East do not unanimously take oil embargo or other similar actions, the demand for oil in the international market will not increase sharply
The situation in the Middle East has further deteriorated.