Economic TimesLean R·
Iran oil chaos eclipses all past energy crises
LONDON: Almost half the world's oil comes from countries affected by conflict in 2026, Reuters calculations show, underscoring that current disruptions have eclipsed previous energy crises.Six months ago, U.S. and Israeli attacks on Iran triggered what has become the largest oil supply crisis on record, with no clear end in sight.At the same time, the Russia-Ukraine war has forced production and refining cuts, including in nearby Kazakhstan this year.Ongoing conflict in Libya and U.S. re…
Read at Economic Times →
