Oil giants' chiefs warn: a conflict with Iran could trigger a global energy crisis

Executives of major oil and gas companies have warned that the war with Iran and the blockage of the Strait of Hormuz could cause severe disruptions in global energy supply.

At the CERAWeek conference in Houston, industry leaders emphasized that the market does not yet reflect the extent of these disruptions. Ryan Lance, CEO of ConocoPhillips, mentioned that the removal of 8-10 million barrels of oil per day will have serious consequences. Iran has imposed an economic blockade on Gulf exporters, affecting the global economy. Oil prices have risen significantly, and the fuel deficit, including kerosene and diesel, is already being felt. Executives have called for military protection measures for energy infrastructure, and the effects of the conflict could last for months, severely impacting Gulf economies, with possible GDP declines of up to 30% in some states.