WANA (Apr 23) – In the ongoing conflict involving Iran, Israel, and the United States, around 16% of global oil supply has been disrupted—an unprecedented level not comparable to any conflict since 1973.

 

According to new data released by RMI and Baringa Partners, disruptions in global oil supply have reached an all-time high. The report indicates that, amid escalating geopolitical tensions and ongoing conflicts, approximately 16% of the world’s oil supply is currently affected. This figure significantly exceeds levels recorded during previous historical crises and serves as a serious warning for global energy markets.

 

Such disruptions may reflect declines in production, exports, or overall global supply. However, since this represents a “peak” level—meaning the maximum disruption at a specific point in time—the situation could be temporary. The market may gradually stabilize through increased production from alternative sources or the use of strategic reserves.

 

Market analysts emphasize that the impact of this disruption on prices and actual supply for consumers does not necessarily correspond directly to the percentage disrupted. Factors such as spare production capacity, strategic stockpiles, and global demand dynamics will also play a crucial role in shaping market outcomes.