Middle East Energy Facility War Damage Quantified for the First Time: 60 Facilities Damaged, Refineries Most Severely Affected, Some Repairs May Take Years

JPMorgan Chase quantifies Gulf energy war damage for the first time: over 60 infrastructure facilities hit by drone and missile attacks, forcing a shutdown of approximately 2.4 million bpd of refining capacity. About 900,000 bpd of this capacity can be restored within weeks, and another 800,000 bpd in about a month. The remaining 700,000 bpd may take years to repair