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What does war have to do with crude oil?
There are two situations. First, if there is a war in the oil field, the war will lead to a decline in crude oil production. From the perspective of supply and demand, supply will decrease and prices will rise.

In the second case, if a large-scale war breaks out and the world economy declines, then the demand for crude oil will decrease and the price will fall.

Crude oil is a barometer of the economy, and now the whole world is in recession. The oil price dropped from 120 last year to 40 now. On the one hand, the Organization of Petroleum Exporting Countries has increased its output, on the other hand, this is caused by the world economic recession.

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