Assessing energy security in Europe, US and China as Iran crisis drags on - Reuters

The Iran crisis is straining energy security assessments across Europe, the United States, and China as the situation persists without resolution. Each region faces distinct vulnerabilities: Europe relies on diversified energy sources but remains exposed to Middle Eastern disruptions, the U.S. is concerned with global oil price stability and supply chains, and China depends heavily on Iranian oil imports. The prolonged crisis is forcing policymakers to weigh strategic reserves, alternative suppliers, and potential economic consequences of any escalation. Energy markets are sensitive to geopolitical risk in the region, where Iran controls critical shipping routes and is a significant oil producer. Officials are reassessing contingency plans for potential supply disruptions that could ripple across global energy markets.