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Event Brief

US Shale Bosses Warn of Oil Supply Challenges

Texas drillers say new production will take months to ramp up amid rising prices.
WHO: US shale bosses
WHAT: warn they cannot replace war-hit Middle East oil
WHEN: Mar 3, 2026 at 8:22 PM ET
WHERE: Texas
WHY: due to rising prices and investor payouts
Sources (1): Financial Times

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