OPEC+ has raised concerns about potential disruptions to oil supply due to attacks on energy infrastructure amid ongoing conflicts involving the U.S., Israel, and Iran. The committee highlighted the significant costs and time required to repair damaged facilities, which could impact overall supply capacity. Ensuring the security of international maritime routes was emphasized as crucial for maintaining energy flow.
In related developments, prediction markets indicate a rising probability of WTI crude oil prices exceeding $130 in April, with a 51% chance, and an 80% likelihood of prices surpassing $120, according to Polymarket data.
OPEC+ Warns of Oil Supply Disruptions Amid Energy Facility Attacks
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