Almost half of global oil flows from war zones
AI Summary
Nearly half of global oil supply in 2026 is projected to come from countries currently affected by conflict, marking a historic oil supply crisis triggered by geopolitical tensions including recent US and Israeli attacks on Iran. The crisis remains unresolved with major implications for global energy stability.
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, ...