what are the effects of conflict over the oil supply in the middle east?

Answer 1

oil conflict is mere a threat used by oil producing countries and also developed countries, the oil price shoot up from 8 dollars in year 1978 increased to 32 dollars in 1984 /85 dropped again to 10 or 11 dollars due to surplus oil in the market presumably,

now there was no good reason to go to 76 dollars and getting dropped to less than 60 dollars, where as other commodities except gold like metals never hiked much, the air fare for a particualr sectors remained same around 600 dollars stable except for the fact seasonal changes,

what it means is the oil price is controlled by few hands who genuinely make benefit of the fluctuation not hike in price,
fluctuation is the real conflict not increase or demand.

controlling middle east gold called oil is by few western powers as the oil price is fixed not only by gulf however they do produce !!!

Answer 2

That source of oil supply becomes unstable. Unstable supply causes unstable prices. Generally meaning higher prices.