Iran War Expected to Drive Structural Changes in Global Energy Markets, Oil Executives Say
The ongoing Iran war is expected to reshape global energy markets by prompting governments and industries to prioritize energy security and diversification. Oil executives from major firms like SLB, Baker Hughes, and Halliburton predict increased investments in oil exploration, offshore opportunities, and low-carbon solutions such as nuclear and geothermal energy.
Topics: energy security geopolitics low carbon solutions oil oilfield services Strait of Hormuz