Iran war prompts oil industry to reconsider supply chains
after close1 source ↓machine-written, see hownot a recommendation
The ongoing Iran war is disrupting oil exports, particularly around the Strait of Hormuz, forcing companies to rethink their just-in-time supply chains. TotalEnergies plans to invest in alternative routes, including a pipeline from Iraq to Syria, to enhance capacity and bypass vulnerable areas. This shift may lead to increased oil prices and inflation globally. ⚡
Not investment advice. For informational purposes only.