Indonesian Political, Business & Finance News

Rubio predicts shift in global energy supply after US-Iran conflict

| Source: ANTARA_ID Translated from Indonesian | Energy
Rubio predicts shift in global energy supply after US-Iran conflict
Image: ANTARA_ID

Washington (ANTARA) - US Senator Marco Rubio stated that the world will experience a major shift in global energy supply sources after the US-Iran conflict, with the US expected to become a larger energy supplier to the Indo-Pacific region.

This shift has already begun, although it will take time to expand capacity, he said during a hearing of the US House Foreign Affairs Committee on Wednesday.

A US-Israel military conflict against Iran could also trigger a de facto blockade of the Strait of Hormuz—a major route for oil and LNG from the Persian Gulf—which would push up global energy prices.

Source: Sputnik/RIA Novosti

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