Russia's Novak Says We Are Currently Witnessing The Worst Energy Crisis In The Last 40 Years; Middle East Conflict Is Currently Affecting At Least 20 Million Barrels Of Oil Per Day; 20% Of Global Gas Production Is Currently Unable To Reach The Market

Russia's Deputy Prime Minister Alexander Novak stated that the current energy crisis is the worst in the last 40 years, exacerbated by ongoing conflicts in the Middle East. He noted that at least 20 million barrels of oil per day are affected by these conflicts, and 20% of global gas production is currently unable to reach the market. This situation is likely to have significant implications for global energy markets.