Iran war impact could exceed Ukraine conflict, executive warns

Iran war impact could exceed Ukraine conflict, executive warns The impact of the U.S.-Israeli war on Iran could surpass the effects of Russia’s 2022 invasion of Ukraine, the top executive of Austrian energy firm OMV said. Alfred Stern told Reuters the current crisis is removing energy supplies from global markets rather than simply redirecting them. “The Middle East crisis now is really a physical disruption of the supply chain,” Stern said.