An Ecosystem All Its Own

Since January of 2025—before Iran and the Strait of Hormuz issues—there have been tariff squabbles, import restrictions, and physical battles worldwide that have affected both supply chains and prices for key industrial supplies. Steel is a key metal for the oil industry, especially regarding oil country tubular goods (OCTG). Some oilfield chemicals are also vital, and some of those also relate to OCTG. How is all this geopolitical turmoil affecting oil and gas operations in the Permian? --- Permian Basin Oil & Gas Magazine