Energy Shock to Last Beyond Iran Conflict, FP Warns of Prolonged Global Price Pressure
Israel
The disruption caused by the recent war involving the United States and Iran is expected to have long-lasting consequences for global energy markets, with recovery in oil and gas production likely to take months and, in some areas, extend well into next year, according to analysis cited by Foreign Policy . Despite expectations of diplomatic progress, the underlying strain on supply chains is set to continue. The report highlights that the energy system is currently affected across three key
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