Oil industry executives warn that global fuel supplies remain dangerously low following disruptions caused by the ongoing conflict in the Middle East, with one executive estimating that restoring inventories to pre-war levels could require up to two years. The prolonged shortage raises concerns about sustained price volatility and potential shortages, as markets struggle to compensate for lost production and disrupted shipping routes. Analysts highlight the risk of further economic strain if supply constraints persist, particularly in regions heavily dependent on imported energy. The situation underscores the delicate balance between geopolitical tensions and global energy stability.
Amin Nasser says inventories depleted by Middle East conflict could take up to two years to rebuild
