Analyzing the Impact of U.S.-Israeli-Iran Conflict on Oil Production
Western oil and gas companies face significant challenges in the Middle East amid the U.S.-Israeli conflict with Iran. TotalEnergies reports 15% of its output offline, while BP, Chevron, ConocoPhillips, Eni, ExxonMobil, and Shell also experience disruptions, underscoring the conflict’s impact on regional production and global supply chains.