Expert warns Middle East energy infrastructure will take months to recover
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The Bottom Line
Middle East energy infrastructure will take months to recover despite a ceasefire, according to an expert.
How This Affects You
Energy prices may not decrease as much as anticipated due to the prolonged recovery period of Middle East energy infrastructure.
AI Summary
Jason Bordoff, founding director of the Center on Global Energy Policy at Columbia University, warned that Middle East energy infrastructure will take months to recover. This assessment comes despite a shaky ceasefire between the U.S. and Iran. The prolonged recovery period suggests that energy prices may not decrease as much as anticipated. William Brangham discussed these concerns with Bordoff.
What's Being Done
William Brangham discussed these concerns with Jason Bordoff, founding director of the Center on Global Energy Policy.
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