Andrea Tueni, head of sales and trading at Saxo Bank in France, said it was not possible to compare the current situation in the oil market to 1973.。If there was another dimension to the conflict, such as Israel's direct attack on Iran's infrastructure, it would be a completely different story.。

The market is concerned that there will be a significant shortage of crude oil supply on the market into the fourth quarter, which is one of the important reasons for the rapid rise in oil prices recently.。