It took just days for the Iran war to hobble oil fields, refineries and gas plants across the Persian Gulf, but it could take years to restore their full potential as the conflict drags on.
More than three weeks of war have created a massive supply disruption by effectively closing the critical Strait of Hormuz, while also damaging dozens of energy assets. But as President Donald Trump claims talks are under way with Iran to end the conflict, calculating the wider economic fallout must factor in the time it will take to reboot the Gulf’s oil and gas infrastructure.
The ...
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