Iran War Impacts Global Oil Market: Goldman Sachs Warns Taiwan and 3 Other Nations Face Oil Shortage Risk
According to a Bloomberg News report, Goldman Sachs believes that due to the impact of the Iran war, global crude oil and refined product inventories are rapidly declining. Naphtha, jet fuel, and liquefied petroleum gas face the greatest supply risks, with Taiwan and three other countries facing a higher risk of petroleum product shortages.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 23:58
- 🔍 Collected: May 6, 2026 at 00:32 (33 min after Published)
- 🤖 AI Analyzed: May 6, 2026 at 00:35 (3 min after Collected)
US-Iran War Key News
Central Message
(New York, May 5, Central News Agency) According to a Bloomberg News report, Goldman Sachs Group believes that due to the impact of the Iran war, global crude oil and refined product inventories are rapidly declining. Among them, naphtha, jet fuel, and liquefied petroleum gas face the greatest supply risks, and four countries, including Taiwan, face a higher risk of crude oil product shortages.
Goldman Sachs analysts Yulia Grigsby and Daan Struyven stated that although global crude oil inventories "are unlikely to reach minimum operating levels this summer, the rate of inventory depletion and supply losses in some regions and for some products are concerning."
They pointed out that existing data "significantly underestimates the risk of shortages in specific countries or for specific products," and "although global crude oil inventories have not yet reached critical levels, surpluses in a single country or product market do not necessarily compensate for shortages in other regions."
The most urgent shortage risks currently remain concentrated in petrochemical raw materials such as naphtha and liquefied petroleum gas, as well as jet fuel in Europe and emerging markets in Asia (excluding China).
According to Goldman Sachs, estimated data on refined oil product supply and self-owned crude oil inventories in various countries "show that South Africa, India, Thailand, and Taiwan face a higher risk of product shortages." (Compiler: Chen Cheng-chien) 1150505
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Central Message
(New York, May 5, Central News Agency) According to a Bloomberg News report, Goldman Sachs Group believes that due to the impact of the Iran war, global crude oil and refined product inventories are rapidly declining. Among them, naphtha, jet fuel, and liquefied petroleum gas face the greatest supply risks, and four countries, including Taiwan, face a higher risk of crude oil product shortages.
Goldman Sachs analysts Yulia Grigsby and Daan Struyven stated that although global crude oil inventories "are unlikely to reach minimum operating levels this summer, the rate of inventory depletion and supply losses in some regions and for some products are concerning."
They pointed out that existing data "significantly underestimates the risk of shortages in specific countries or for specific products," and "although global crude oil inventories have not yet reached critical levels, surpluses in a single country or product market do not necessarily compensate for shortages in other regions."
The most urgent shortage risks currently remain concentrated in petrochemical raw materials such as naphtha and liquefied petroleum gas, as well as jet fuel in Europe and emerging markets in Asia (excluding China).
According to Goldman Sachs, estimated data on refined oil product supply and self-owned crude oil inventories in various countries "show that South Africa, India, Thailand, and Taiwan face a higher risk of product shortages." (Compiler: Chen Cheng-chien) 1150505
Stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content of this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.