Over 40 Middle East Energy Assets ‘Severely Damaged,’ IEA Says

More than 40 energy assetsacross nine countries in the Middle East have been “severely or very severely” damaged by the war, International Energy Agency Executive Director Fatih Birol said, potentially prolonging disruptions to global supply chains after the conflict ends.

The damage means it will take some time for the oil fields, refineries and pipelines to come back online, Birol said Monday at Australia’s National Press Club in the capital, Canberra.

Fatih Birol at the National Press Club in Canberra on March 23.

Photographer: Rohan Thomson/Bloomberg

More than three weeks of conflict in the Middle East have upended the entire energy supply chain, all but closing the vital Strait of Hormuz and leading ...