Taking the importance of oil into account, price increases will be seen in many products after the attack.

Saturday's attacks on oil and gas company Aramco with drones hit oil production. The attacks resulted in a daily production loss of 5.7 million barrels per day.

Oil prices rose nearly 20 percent to $71.95. There had been no such increase in oil during the day since January 14, 1991. Brent-type crude, which edged up to $71, later gave back some of its gains and was hovering at $ 66.

Taking into account that Saudi Arabia is the world's largest exporter of oil and the source of one-third of the world's energy, the impact of this attack on the economy and Markets has been one of the most intriguing issues.

Asian and European markets saw a depreciation of stocks, while the currencies of energy-dependent countries also suffered a depreciation.

Price rises are expected to be seen in many products, from petrol, diesel, and fuels used in heating, after the attack.

The coming months will also see an increase in food prices due to the attack, as this will drive up transport costs.

In the longer term, tickets will also cost more, as aircraft fuel prices will rise if the Saudi Arabia, which halts exports until the damage of the attack is fixed, does not start supplying crude oil.

Rising oil prices will lead to rising energy prices, which will slow the world economy.

Analysts say the attack comes at a time when the world's oil stockpile is rising and energy demand is falling as the world economy slows, which could mitigate the effects of the attack.

ILKHA