Javier Blas, a Bloomberg Opinion columnist, has highlighted a significant disconnect between rising oil prices and the actual physical availability of oil, warning that the ongoing energy crisis could escalate in the coming weeks. Blas notes that current oil price quotes may not accurately reflect real transactions due to supply chain issues, and the financial world is misaligned with the physical oil supply, causing market confusion. Blas emphasizes that the duration of an energy crisis is crucial in determining its overall impact on markets, with historical precedents showing that crises can worsen over time. He also points out that geographical proximity to oil supply sources affects how quickly a crisis is felt in different regions, with countries near conflict zones potentially facing more immediate supply challenges. Additionally, Blas criticizes the use of Brent crude as a benchmark, stating it does not accurately represent the average global barrel of oil, particularly for Middle Eastern oil.