The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

CommoditiesMedium•11 March 2026•

1 min read

John Kilduff Warns of Prolonged Oil Crisis Amid Gulf Production Delays and Storage Constraints

Map of the Middle East with fighter jets, missiles, oil barrels, gold bars, oil rigs, and stock charts under a fiery sky.

Key Facts

1Restarting oil production in the Gulf region will take several months according to John Kilduff.

John Kilduff of Again Capital has warned that restarting oil production in the Gulf region will be a prolonged process taking several months. According to Kilduff, the primary challenge currently facing the market is the critical state of oil storage capacity in the region. These storage facilities are reportedly reaching their limits, creating a significant bottleneck for energy producers. Consequently, energy markets are expected to remain under substantial pressure for an extended period. This combination of technical delays and storage constraints is likely to drive further volatility in global crude prices.