PitchBook-伊朗战争对能源的影响-2026 .pdfVIP

InstitutionalResearchGroupINDUSTRYRESEARCH

BennyWongNavigatingtheEnergy

SeniorResearchAnalyst,Energy

benny.wong@ImplicationsoftheIranWar

pbinstitutionalresearch@

Acceleratingthecallformoreoilgasinvestment

PublishedonMarch5,2026

PitchBookisaMorningstarcompanyprovidingthemostcomprehensive,most

Contents

accurate,andhard-to-inddataforprofessionalsdoingbusinessintheprivatemarkets.

Keytakeaways1

Wareruptsaftermonthsofrising

tensionwithIran3

WeexpectacallformoreoilgasKeytakeaways

investmentregardlessofoutcome3

Keydevelopmentstowatchfor4•Moreoilgasinvestmentneededregardlessoftheoutcome:Inourview,there

wasalreadyagrowingstructuralargumentbeforethewarthattheeffectsfrom

yearsofindustryunderinvestmentwerebeginningtoemerge.Webelievethis

conlictinIranwillacceleratetherealizationoftheneedformoreinvestment

acrosstheoilgasvaluechaintomeetdemand.Weranktheopportunitysetby

subsectorinvestmentpotentialpost-warwiththeupstreamandEPsegmentsat