European analysts: Attacks on Middle Eastern energy infrastructure will pose long-term risks to the global economy

The military conflicts among the United States, Israel, and Iran are still ongoing. Energy transportation through the Strait of Hormuz has been disrupted, with attacks damaging oil facilities in Iran, Bahrain, Saudi Arabia, and other countries, leading to continuous rises in international oil and natural gas prices. The global energy market faces severe risks of supply disruptions. On March 9 local time, Saltveit, Chief Energy and Sustainability Analyst at Nordea Bank, stated that the closure of the Strait of Hormuz could severely impact global crude oil and petroleum product supplies, with long-term risks stemming from potential damage to energy infrastructure. She pointed out that it would take longer to repair these assets. (CCTV News)

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