Global Oil Supply at Risk as Conflicts Affect 45 Million Barrels Daily
Source Summary
Nearly half of global oil production occurs in regions experiencing active conflicts, raising concerns about long-term supply security and diversification limits. The Middle East represents the most significant disruption risk. Physical oil supply has been severely compromised despite stable speculative prices, prompting rationing and emergency storage releases worldwide.
Why it matters
Concentration of oil production in conflict zones threatens global energy security and may limit the ability to offset supply disruptions through geographic diversification.
