US-Iran Conflict Could Disrupt Global Oil Supply Until Early 2027, EIA Warns

The US Energy Information Administration's August outlook projects that oil production and trade patterns may not stabilize until early 2027 following the US-Iran conflict. The ongoing tensions are generating a slow-building oil shock with the potential to hit the global economy hard. India, as a major oil-importing nation, faces particular vulnerability to sustained disruptions in supply and pricing. Analysts are raising concerns about how long both the global economy and India can absorb the escalating energy market strain.