{"id":1375485,"date":"2026-03-29T18:16:14","date_gmt":"2026-03-29T15:16:14","guid":{"rendered":"https:\/\/prm.ua\/the-oil-crisis-is-deeper-than-prices-show-experts-spoke-about-the-real-scale-of-supply-disruptions\/"},"modified":"2026-03-29T18:16:14","modified_gmt":"2026-03-29T15:16:14","slug":"the-oil-crisis-is-deeper-than-prices-show-experts-spoke-about-the-real-scale-of-supply-disruptions","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/the-oil-crisis-is-deeper-than-prices-show-experts-spoke-about-the-real-scale-of-supply-disruptions\/","title":{"rendered":"The oil crisis is deeper than prices show: experts spoke about the real scale of supply disruptions"},"content":{"rendered":"

In the US, during an energy conference in Houston, executives of leading oil and gas companies said that the market is not reflecting the true extent of supply disruptions due to the war with Iran. According to their estimates, the effects of the crisis will be long-lasting, and prices are unlikely to return to pre-war levels in the near future.<\/strong><\/p>\n

This is reported by CNBC<\/a> .<\/p>\n

Energy executives have stressed that supply disruptions are much greater than current market prices indicate, noting that the situation is affecting not only oil but also other fuels, including diesel and jet fuel.<\/p>\n

\u201cYou can\u2019t just take away 8-10 million barrels per day of oil and about 20% of the liquefied natural gas market without serious consequences,\u201d said ConocoPhillips CEO Ryan Lance.<\/p>\n

Market participants say the shortage is already spreading across Asia and could reach Europe as early as April, with governments stockpiling supplies, further straining global supply chains.<\/p>\n

\u201cThis is an attack not only against the Gulf countries, but also against the global economy,\u201d said Sheikh Nawaf al-Sabah, CEO of Kuwait Petroleum Corporation.<\/p>\n

It is also noted that the closure of the Strait of Hormuz has significantly affected the physical volume of energy supplies. According to experts, these consequences have not yet been fully reflected in oil prices.<\/p>\n

\u201cThere are real physical consequences of closing the strait that are not yet fully priced into futures prices,\u201d said Chevron CEO Mike Wirth.<\/p>\n

Analysts are also comparing the current situation to the 1973 oil crisis, underscoring the scale of the impact on the global economy. At the same time, company executives warn that even if the conflict ends, prices will remain high due to the need to rebuild inventories.<\/p>\n

\u201cOil prices are unlikely to return to pre-war levels anytime soon,\u201d said Ryan Lance.<\/p>\n

\t\t