economy
April 1, 2026
Oil supplies to Europe, Asia fell by 40% due to Iranian crisis
According to Deputy Secretary of the Russian Security Council Alexander Venediktov, the consequences of the crisis in the Middle East have already been felt in virtually every country in the world
TL;DR
- Global oil production reduced by 2.2 million barrels per day due to the Iran conflict.
- Supplies to Europe and Asia are down 40% compared to planned levels.
- Consequences of the Middle East crisis are felt globally.
- Measures to reduce electricity consumption are being implemented.
- Public transportation fares and food prices are rising.
- Mechanisms to curb fuel prices are an additional burden on state budgets.
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