Axios: Strikes on Iran could prolong energy disruptions

Disruptions in energy supplies caused by the military operation by the United States and Israel against Iran could persist in global markets for months or even years.

This assessment is presented in an article published by Axios.

“Any swift ceasefire or arrangement allowing safe passage through the Strait of Hormuz won't undo supply shocks that could linger for months — and in some cases, years,” the report notes. “The blockage of the Strait of Hormuz has already upset the global flow of commodities. Now, this week's damage to energy facilities in the Gulf could deepen that disruption,” the outlet emphasises.

The article also cites the view of Kyle Rodda, a financial analyst at trading platform Capital.com. The expert considers the very fact that strikes have been carried out directly against energy infrastructure as evidence that the consequences of the war will be long-term. “Productive capacity will be offline for an uncomfortably long time, meaning energy prices are likely to fall much slower than they rose,” he added.