spglobal.com
European Commission adopted guidance blocking EU funding for solar and battery storage projects using inverters or power conversion systems from high-risk countries over cybersecurity and grid resilience concerns.
The interference affects ship operations in multiple ways: navigation systems become unreliable, automated collision avoidance systems fail, and dynamic positioning capabilities for offshore operations degrade.
attacks on production and supply infrastructure as well as severe restrictions on shipping via the Strait of Hormuz taking over 15 million b/d of production offline
Ukraine has repeatedly targeted Russian oil infrastructure and Moscow has responded with waves of attacks on gas and power facilities in Ukraine.
Severe restrictions in shipping via the Strait of Hormuz have added to supply concerns and caused price volatility.
Moscow has responded with waves of attacks on gas and power facilities in Ukraine.
dynamic positioning capabilities for offshore operations degrade.