Six months into Iran war, almost half of global oil flows from war zones
Reuters calculations show conflict-hit countries produced about 45 million barrels per day in 2025, while global refining capacity has fallen by about a tenth.
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5 Articles
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countries
Nearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energy markets. Reuters calculations based on IEA data show that Iran, Russia, Ukraine, Libya and Venezuela produced around 45 million barrels per day in 2025, accounting for more than 43% of global oil supply.
Six months into Iran war, almost half of global oil flows from war zones
By Seher Dareen, Anushree Mukherjee and Robert HarveyLONDON Aug 25 (Reuters) - Almost half the world's oil comes from countries affected by conflict in 2026, Reuters calculations show, underscoring that current disruptions have eclipsed previous energy crises.Six months ago, U.S. and Israeli attacks on Iran triggered what has become the largest oil supply crisis on record, with no clear end in sight. At the same time, the Russia-Ukraine war has …
Iran conflict disrupts global oil supply, crisis looms
The Iran conflict's impact on oil supply could lead to economic instability, influencing global energy policies and market strategies. The post Iran conflict disrupts global oil supply, crisis looms appeared first on Crypto Briefing.
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