الشرق اللبنانية
الشرق اللبنانية
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In September, the prices of some oil shipments exceeded $130 per barrel, approaching the record high recorded in April of last year. This surge was caused by unprecedented disruptions in Saudi Arabia's supply and escalating tensions between Saudi Arabia and Iran due to attacks on Saudi oil facilities. This rise raises global economic concerns, as discussions continue between the United States and Saudi Arabia to compensate for the supply shortfall, while Europe is considering emergency plans for the winter. An emergency OPEC+ meeting is expected to be convened to address the escalation and high oil prices, amid declining production capacity among major producers.
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