Foreign policy warning about the continuation of the war with Iran: energy security will be threatened for years Analysts at the JP Morgan bank wrote in a report last week that the energy markets are approaching a situation that can be described as "endless conflict". Asia, which before the war received almost 90% of the crude oil transported through the Strait of Hormuz, suffered the most damage from the disruption in energy supplies. In the two main routes of oil exports in Saudi Arabia, the country's facilities were exposed to damage at the same time, even in a situation where other alternative routes in the region were already damaged. Energy buyers and sellers are now changing their strategies and the new round of conflicts could make these changes permanent.

Foreign policy warning about the continuation of the war with Iran: energy security will be threatened for years Analysts at the JP Morgan bank wrote in a report last week that the energy markets are approaching a situation that can be described as "endless conflict". Asia, which before the war received almost 90% of the crude oil transported through the Strait of Hormuz, suffered the most damage from the disruption in energy supplies. In the two main routes of oil exports in Saudi Arabia, the country's facilities were exposed to damage at the same time, even in a situation where other alternative routes in the region were already damaged. Energy buyers and sellers are now changing their strategies and the new round of conflicts could make these changes permanent.