War in Iran could drive a widespread energy crisis, experts say
Автор: Scripps News
Загружено: 2026-03-06
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The growing conflict in the Middle East is fast causing an international energy crisis with the potential to ripple through global economies.
"If you have some kind of, you know, conflict or geopolitical disturbance in one part of the world, that is like throwing a rock in a pond. And the effects just ripple all the way through the global oil market," said Seth Blumsack, Professor of Energy Policy and Economics at Penn State University.
The problem right now is transporting oil out of the Middle East, according to the director of the International Energy Agency:
"There is no shortage of oil globally. The issue is the dislocation," said IEA's Faith Birol.
That's largely because of a near standstill in the Strait of Hormuz, where about 20% of the world's oil supply passes through daily.
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