More refineries 'spread across the globe' needed to avoid disruptions during wars, says expert

AI Summary

Energy analyst Osama Rizvi argues that more geographically dispersed refineries are needed to limit fuel-supply disruptions during wars. He says high fuel prices have become structural and that supply recovery and price declines could take months.

Energy expert and analyst Osama Rizvi believes high fuel prices have become a “structural feature” of the market, warning that it could take months for supplies to recover and prices to fall.