It's no doubt that with the current situation faced by both the EU, USA, and the rest of the world due to the war in Ukraine. Global oil prizes has seen one of its highest prises in international market. America and many EU Nations have stopped buying oil from Russia as a new sanction on the Russian state. With the Latest attack on Saudi Arabian oil facilities by Houthi missiles, more highs is expected to affect Global oil price.
The world is already suffering from all this crisis, but for those who trade financial markets it's a very interesting event. Nobody is Happy with such a devastating event and we I do hope and pray for the moment the earth will experience total peace and economic development for all Nations and it's citizens without lingering war or crisis.