The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has voiced concern over persistent attacks on global energy infrastructure, warning that such disruptions are undermining the alliance’s ability to ensure stable supply.
The committee emphasized the critical role of its Declaration of Cooperation in maintaining market equilibrium amid escalating geopolitical pressures.
The statement comes as global oil prices jumped sharply in early trading on Tuesday, driven by reports of renewed military activity in the Middle East.
Investors are increasingly pricing in the risk of supply chain interruptions, with Brent crude reflecting heightened anxiety over the security of key transit corridors.
The market’s reaction underscores the fragility of energy flows when geopolitical tensions flare.
This development adds to the ongoing narrative of shipping risk and geopolitical pressure on trade routes, a theme that has dominated energy markets in recent weeks.