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War in Iran Accelerates Fragmentation of Global Oil and Gas Markets

Less than a week after U.S.-Israeli strikes on Iran, crude oil prices surge, Qatar suspends LNG exports, and Saudi Arabia closes a refinery. The conflict accelerates energy market fragmentation already underway.

War in Iran Accelerates Fragmentation of Global Oil and Gas Markets

CountriesIran, États-Unis, Israël, Qatar, Arabie Saoudite
CompaniesRystad Energy
ThemePolitique & Géopolitique, Sécurité énergétique

Joint U.S.-Israeli strikes on Iran have disrupted global energy markets in less than a week. Oil prices surged immediately and continue to rise as the risk of a prolonged conflict becomes clearer. Qatar has suspended its liquefied natural gas (LNG) exports, while Saudi Arabia has closed a strategic refinery. The outcome of the conflict remains uncertain.

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