The development of world oil prices is greatly influenced by geopolitical tensions that occur in various parts of the world. These tensions not only affect oil supplies, but also create significant price fluctuations in global markets. Several key factors that influence oil prices include armed conflict, economic sanctions, and political policies of oil-producing countries. Conflicts such as war in the Middle East are often the main trigger for oil price spikes. For example, tensions between Iran and western countries could cause concerns about oil supplies from the Strait of Hormuz, the world’s most important oil shipping route. This kind of uncertainty makes investors respond by buying oil contracts, which causes prices to soar. Economic sanctions also play a significant role in oil price movements. Sanctions imposed on Russia due to its aggression against Ukraine, for example, have had the impact of reducing global oil supplies. Russia is one of the largest oil producers, and when its supply is hampered, the market responds with rising prices. On the other hand, oil importing countries are starting to look for alternative supplies, which is triggering competition and making prices increasingly varied. In this context, OPEC (Organization of the Petroleum Exporting Countries) production also has a big influence. Decisions to increase or decrease production quotas are often driven by geopolitical conditions. If OPEC member countries feel threatened by geopolitical tensions, they may choose to reduce production to keep prices stable, increasing their profits. With the emergence of new technologies such as fracking in the United States, the oil market has become more complex. Even though the US was able to increase production quickly, tensions abroad still had a significant impact. The parties involved in oil trading not only pay attention to economic factors, but also political factors. Situations such as elections and policy changes can affect market stability. Market sentiment is also influenced by news and analysis. Media and industry reports are able to shape investors’ perceptions of geopolitical risks. Positive or negative news regarding the situation in oil-producing countries can cause price spikes or sharp drops in a short period of time. Therefore, traders and investors must monitor the latest news to make the right decisions regarding oil trading. Apart from that, the impact of climate change and renewable energy policies are also starting to influence world oil dynamics. Geopolitical tensions often relate to access to natural resources. Oil-rich countries are trying to maintain control over this resource amid global calls for an energy transition. In the next few years, this paradigm shift will increasingly shape oil prices on world markets. In an increasingly interconnected world, world oil prices depend not only on local but also global interests. The countries’ interconnectedness and reliance on fossil energy ensures that geopolitical tensions will continue to influence oil prices. Seeing these conditions, market players need to adapt to rapid changes and continuous speculation, maintaining vigilance regarding actions taking place in the geopolitical arena.