The war in the Middle East has reportedly caused more than 2 billion barrels of crude oil production to be lost, according to data analytics firm Kpler. The disruption has left an additional 5 million barrels per day of output offline, the company said.
Kpler, which tracks global oil supply and demand in real time, said the outages stem from the ongoing conflict that has damaged or halted production facilities across several key oil‑producing countries in the region.
With the Middle East accounting for a significant share of the world’s oil supply, the losses are expected to tighten global inventories and could influence price volatility in the coming months.
While the exact impact on regional markets remains to be seen, the figure highlights the broader economic cost of the conflict beyond the immediate humanitarian and political consequences.
Kpler’s analysis underscores the vulnerability of oil infrastructure to geopolitical instability, a reminder that supply disruptions can quickly translate into measurable losses for the industry.
<small>Source: Punch Nigeria — read the original story there.</small>