OPEC+ Flags Repair Delays as a Risk to Oil Supply After Energy-Asset Attacks

BlockBeats, April 5 — Reuters reported that an OPEC+ committee meeting on Sunday raised concerns about attacks on energy assets amid the conflict involving the U.S., Israel and Iran. The committee said repairing damaged facilities can be costly and time-consuming, which could weigh on supply. In its statement, the committee stressed that safeguarding international maritime routes is essential to keep energy flows uninterrupted. It also warned that bringing damaged energy assets back to full operating capacity requires significant time and expense, reducing overall supply capacity. PolyBeats data from the prediction market Polymarket show the implied probability of WTI crude closing above $130 in April has climbed to 51%, while the probability of a close above $120 has risen to 80%.