Sizeable oil production at risk in the Middle East as regional tensions simmer

There is a “potentially large” threat to oil production and supplies in the Middle East, depending on whether infrastructure is targeted, WoodMac analysts say

Smoke billows following an Israeli airstrike that targeted Beirut's southern suburbs on 3 October.
Smoke billows following an Israeli airstrike that targeted Beirut's southern suburbs on 3 October.Photo: AFP/SCANPIX
Published 4 October 2024, 16:30Updated 4 October 2024, 16:30
OpecIranIsraelMiddle EastWoodMac