Experts are warning that there could be "a severe degradation of the investment climate" as well as serious energy flow disruptions if war breaks out along Israel s northern border with Lebanon and Iran becomes involved
The ongoing Middle East conflict involving Israel and Gaza-based militant group Hamas has so far not significantly impacted the region’s oil and gas flows, exactly one month after Hamas launched deadly attacks on Israel. However, the risk of the war .
Hamas-Israel War Threatens Major Regional Energy Projects menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
On Wednesday, BP Inc. (NYSE:BP) reassured investors that its $2B deal with Abu Dhabi National Oil Co. (Adnoc) to jointly buy a 50% stake in Israeli gas producer NewMed Energy (OTCPK:DKDRF) remains on track, despite Israel’s ongoing war with Hamas in .
The Israel-Hamas conflict has not just raised the geopolitical risk premium in oil markets, it may also lead to delays in several important East-Med oil and gas projects