Energy — U.S.-Israel Strikes on Iran Trigger Oil Market Crisis Response as Gulf Producers Boost Output

Energy · 2026-02-28

The energy sector faces a critical inflection point as U.S.-Israel military strikes on Iran mark a severe escalation of regional tensions, prompting immediate market responses across the supply chain. Gulf producers, particularly the UAE and Saudi Arabia, are proactively increasing output to cushion potential supply disruptions, while oil price forecasts for 2026 have been revised upward amid…