I guess things like that are going to happen on and off, until all war-(or affected by war) parties (Israel, Lebanon, Syria, Jordania, Iran, Turkey, Egypt...) are going to sign some treaties with solutions and stick to them.
It´s a real pity for the economy, and I don´t mean our economy, but theirs, as this whole area is full of sites which are valuable for mankind, and just some tourism started again in Lebanon, for example. I was at that beautiful historical place of Tyrus, and I hope it won´t be bombed to pieces.
Also I was exactly
there, at the now burning airport of Beirut. Please note that the EU and others financed its reconstruction and renovation after previous wars, and now plenty of millions of money were wasted. (Same goes for the airport of Gaza strip btw, so talk about money to feed the world).
Besides that, it seems to be a twisted issue for the population. On one hand, everyone cheers when the other side is hit, but of course it´s more than dangerous to live in these countries. But as long as the inhabitants are so separated into many political directions and opinions, it´s hard to see them turning against their leaders and protest for peace.
Concerning oil prices, a rise of them would do the western world very good, because obviously we still think the delivery of oil (and gas) from unstable states or regions like the Middle East, far flung places like Iran or the dear EU-neighbour Russia would not severely interfere with our independence in other politicial issues. Just recently I walked past a vastly illuminated store window, and I thought, if that is possible, then energy is still not expensive enough.
But the high income from oil is in so far bad for states like Iran or Saudi-Arabia as they can calm down their inhabitants with money and subsidized prices, instead of investing it in education, for example.
Another issue that strikes me as slightly weird is the new twin-government of Poland, with Kaczynski-Brothers being president and prime minister. How are they supposed to control each other? Of course, also in other countries politicians are acting dependent on others, but this seems a more severe case.