**[Bloomberg Opinion: The Iran War This Time Won't Trigger an Oil Crisis]** BlockBeats News, March 2 – Bloomberg columnist and energy and commodities writer Javier Blas wrote that Iran's attacks have a negative impact on oil prices but do not constitute a shock. Blas pointed out in his article that the market's biggest concern is whether both sides will target energy infrastructure or force the closure of tanker routes. Neither of these has happened yet. Not at this time. Despite fears that Iran might set fire to the Middle East's energy industry, targeting oil fields, refineries, and export terminals, Tehran has not yet weaponized oil. Similarly, Israel and the United States have not targeted Iran's oil infrastructure. Analysts predict that oil prices will surge, but even the most bullish traders are talking about a potential rise to $100 per barrel, far below the $139 per barrel peak reached after the outbreak of the Russia-Ukraine conflict in 2022, and the record $147.50 per barrel in 2008. From that broader perspective, this Middle East conflict is unlikely to trigger an oil shock. Moreover, while the physical oil market has remained weak, the financial oil market has been bullish, with traders buying up oil in anticipation of price increases. A year ago, the 12-day war between Israel and Iran caught many traders off guard, triggering a wave of buying that caused crude prices to soar. This time, the number of bullish positions is among the highest in the past decade. As a result, oil traders are better prepared to absorb this crisis.