[Analyst: Technical Challenges in Restarting Middle Eastern Oil Wells, Low Risk of Large-Scale Permanent Damage] BlockBeats News, June 24 — As the Strait of Hormuz resumes navigation, some oil wells in countries like Iran, Saudi Arabia, the UAE, and Iraq that were shut down during the conflict are gradually preparing to restart production. The market is focused on whether these wells can smoothly restore production capacity after long-term shutdowns and whether permanent damage might occur. Analysts point out that both shutting down and restarting oil wells involve complex engineering operations. Long-term well shutdowns may lead to changes in underground pressure, equipment corrosion, and reduced production capacity, but the industry has mature experience in addressing these issues. Macquarie Group's global oil and gas strategist Vikas Dwivedi stated that the actual performance of the wells after restarting remains uncertain. Regarding U.S. President Trump's earlier warning that shutdowns could lead to oil field "explosions" and permanent damage, JPMorgan's global commodities strategy head Natasha Kaneva commented that such risks are likely exaggerated. Historically, whether during the large-scale shutdowns in 2020 due to the pandemic or OPEC's production cut measures, Middle Eastern oil-producing countries have not experienced significant long-term production capacity losses. Analysts believe that although the restart process requires gradually restoring underground pressure balance through methods like water injection and gas injection, as well as coordinating the simultaneous operation of multiple oil fields in the region, the likelihood of large-scale infrastructure damage or permanent production capacity loss is relatively low. [Original Link]