From Barchart:

Crude oil prices are on the rise as a result of ongoing conflict in the Middle East, causing concern for the global oil market. The conflict is leading to a volatile market with the prices of crude oil and its by-products experiencing an upward trend. This has led to increased attention on the impact of the conflict on oil supply and global economy. The conflict in the Middle East has resulted in a situation similar to an emulsion, with oil and water not blending, and causing tension in the global oil market.



Read more: Crude Oil: Why Oil and Water do not Mix