OPEC+ warns that the high cost and lengthy time required to repair energy facilities will impact supply

Golden Ten Data reported on April 5th that, according to a draft statement seen by Reuters, the committee meeting held by OPEC+ on Sunday expressed concerns over attacks on energy assets during the US-Israel and Iran war, stating that the restoration of affected facilities is both costly and time-consuming, thus impacting supply. The statement said: "The committee emphasized that safeguarding the security of international maritime routes is crucial to ensuring the continuous and uninterrupted flow of energy." It also noted: "The committee is concerned about attacks on energy infrastructure, as restoring damaged energy assets to full capacity is both expensive and takes considerable time, thereby impacting overall supply capability."