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While the Middle East Rebuilds, A New Energy Bloc Rises Under U.S. Direction
It will take many months for Middle East gas and oil volumes to fully recover from the U.S./Israel-Iran conflict, even if all hostilities stop today.
Summary
It will take many months for Middle East gas and oil volumes to fully recover from the U.S./Israel-Iran conflict, even if all hostilities stop today. In the case of some key sites, such as Qatar’s North Field gas site — a primary cog in the global liquefied natural gas (LNG) machine — recovery will take several years.
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