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Wars are now hitting more than 43% of the world’s oil supply

Times of India - Business
Times of India - Business
by Shivanghi Payal
Aug 25, 2026 · 5:11 PM
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Wars are now hitting more than 43% of the world’s oil supply
Currently, more than 40% of the world's oil supply is derived from conflict-ridden regions. Ongoing tensions in the Gulf and Ukraine have reduced refining abilities by 10%. As a result, reliance on U.S. oil has surged, leading to a depletion of global reserves after emergency releases have concluded…
Times of India - Business
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