- Conflict fallout impacts regional stability, oil and gas flows are sharply disrupted, and the pivot to clean energy favors Chinese technology.
- Global economic growth is being slowed due to lingering shocks and geopolitical tensions, with stability relying on free transit through the Strait of Hormuz.
- Risk to the Strait of Hormuz is affecting oil prices and driving up energy costs and inflation.
- Nuclear exchange threatens global economic collapse due to ongoing conflict between the US and Iran.
Amid regional instability caused by the war, an interim deal is needed to secure the global energy market and end the conflict.
1 report, 1 independent
Updated Jun 18
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What happened
Amid regional instability caused by the war, an interim deal is needed to secure the global energy market and end the conflict.
How it developed
Newest first. Tap a step to see who reported it.- The global LNG market is experiencing extreme volatility and supply constraints, while a lump sum turnkey EPC contract for expansion was executed.Sub-event
Interim deal needed to end the war, amid regional instability and critical oil supply.1 source