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Conflict Forces Big Oil to Rethink Middle East Dependence

Summary by Modern Diplomacy
The ongoing Iran war is reshaping the global energy landscape by undermining the Middle East’s long standing position as the most reliable and cost effective hub for oil and gas production. For decades, major international companies such as ExxonMobil, Chevron, TotalEnergies, Shell and BP have concentrated investments in the region due to its vast reserves […] The post Conflict Forces Big Oil to Rethink Middle East Dependence appeared first on M…

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Modern Diplomacy broke the news in on Monday, March 30, 2026.
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