Attacks on oil infrastructure in Libya and the Gulf are straining global oil supply, with data reported by the International Energy Agency.
5 reports, 1 independent
Updated Aug 25
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What happened
Attacks on oil infrastructure in Libya and the Gulf are straining global oil supply, with data reported by the International Energy Agency.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Libya
sovereign state in North Africa
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International Energy Agency
autonomous intergovernmental organisation
Related events
- Global oil supply is strained by conflicts involving Libya and Iran, while disruptions from Ukraine and Russia reach facilities in Kazakhstan and Omsk.
- Global energy supply chains are disrupted by conflicts, leading to calls for G7 meetings and coordinated oil reserve releases for Europe.
- Regional security issues stemming from the instability in Iran are impacting global oil supply, which is being monitored by the International Energy Agency (IEA).
- The IEA warns of production below pre-war levels due to geopolitical risks, impacting global oil supply and market stability.
- Oil market intervention by the IEA is affecting global commodity costs while Gulf shipping risks persist.