The disruption caused by the recent war involving the United States and Iran is expected to have long-lasting consequences for global energy markets, with recovery in oil and gas production likely to take months and, in some areas, extend well into next year, according to analysis cited by Foreign Policy. Despite expectations of diplomatic progress, the underlying strain on supply chains is set to continue.

The baked-in damage to oil and gas production will take months to undo.

The disruption caused by the recent war involving the United States and Iran is expected to have long-lasting consequences for global energy markets, with recovery in oil and gas…