Long-term effects

TL;DR

Oil prices dropped after President Trump announced a suspension of bombing Iran's power grid, but uncertainty remains.
Experts foresee structural repercussions from the current crisis, suggesting the world will not return to its previous state.
Key themes for the future include diversifying energy supply sources to mitigate risk.
There is a growing scarcity of oil derivatives like jet fuel and fertilizer compounds, impacting industries.
Reorganization of manufacturing facilities and a potential shift away from supertankers towards smaller vessels are being discussed.
The crisis may accelerate the adoption of alternatives to oil and gas for electricity generation.
Spain's reliance on wind and solar power is highlighted as a positive for navigating the current energy challenges.
The current geopolitical conflict could ironically hasten the decline of fossil fuel use.

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