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Recent refinery attacks related to the wars in Iran and Ukraine have disrupted nearly 9% of global oil refining capacity, exacerbating a fuel supply crisis and causing crude prices to surge, with a recovery expected to take months even if hostilities cease. #OilCrisis #RefiningCapacity #EnergySupply #IR #UA #SA #KW #RU #NG

Recent refinery attacks linked to the wars in Iran and Ukraine have disrupted nearly 9% of global oil refining capacity, exacerbating fuel supply issues and likely delaying recovery for months as crude prices soar and refined product shortages persist. #OilMarket #RefiningCapacity #EnergyCrisis #IR #UA #SA #KW #RU #NG

Recent attacks on oil refineries linked to the wars in Iran and Ukraine have led to a loss of nearly 9% of global refining capacity, exacerbating supply issues and causing crude prices to soar, with a return to normal operations expected to take months. #OilMarket #EnergyCrisis #RefiningCapacity #IR #UA #RU #SA #KW #NG

Recent refinery attacks linked to the wars in Iran and Ukraine have resulted in nearly 9% of global oil refining capacity being knocked offline, exacerbating the fuel supply crisis and hindering recovery efforts, as crude prices surge and refinery operations remain hampered. #OilMarket #RefiningCapacity #EnergyCrisis #IR #UA #SA #KW #RU #NG