Guyana's President Irfaan Ali highlighted the growing gap between energy supply and demand amid ongoing disruptions from the Iran war, which have driven oil prices above $100 per barrel and strained global energy systems, while noting that renewable energy alone cannot address the current shortages. #Energy #OilMarket #SupplyChain #GY #IR #VE
Guyana's President Irfaan Ali highlighted the widening gap between energy supply and demand due to the ongoing Iran war, which has disrupted global oil and gas markets, pushing prices above $100 a barrel and underscoring the insufficient investment in the current energy system, despite his country's growing role in the global energy market driven by offshore oilfield developments. #EnergyDemand #OilPrices #GlobalMarket #GY #IR #VE