OPEC+ warns that the high cost and lengthy process of repairing energy facilities will impact supply

Deep Tide TechFlow message, April 05, according to a draft statement seen by Reuters, a committee meeting held by OPEC+ on Sunday expressed concern about attacks on energy assets during the U.S.-Iran war period between the U.S. and Iran, saying that the repair costs for relevant facilities are high and time-consuming, thereby affecting supply. The statement said: “The committee emphasized that ensuring the safety of international sea lanes is crucial to keep energy flowing continuously without interruption.” The statement also said: “The committee expressed concern about attacks on energy infrastructure; restoring damaged energy assets to full-load operation is both costly and time-consuming, thereby affecting overall supply capacity.”