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Experts Fear Oil/Gas Strain

Experts Fear Oil/Gas Strain

Wisconsin's Midday News · 620 WTMJ

March 23, 20266m 59s

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Show Notes

ABC News Investigative Reporter Peter Charalambous talks about how since the United States and Israel attacked Iran three weeks ago, at least 23 oil and natural gas facilities across the nine countries in the Middle East have been hit by military strikes from Iranian, Israeli, and US forces according to an ABC News analysis. Experts say the strikes and the threat of further attacks risk throwing global energy markets into a state of protracted chaos. The broadening of the conflict to critical energy infrastructure targets, combined with the shutdown of the Strait of Hormuz, could lead to a costly, months-long strain to the world’s supply of oil and natural gas, energy experts told ABC News.