Global oil markets at critical point amid investment gap, says Arab Energy Organization chief

Global oil markets are at a “critical turning point” as low investment, economic uncertainty, and rising crude supplies deepen what industry leaders describe as the “triple energy challenge,” according to a top Arab energy official. In an interview with Independent Arabia, Jamal Al-Loughani, secretary-general of the Arab Energy Organization, formerly OAPEC, said that geopolitical and trade tensions, coupled with shifting economic policies, are weighing on global oil demand, even as production climbs.

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