This paper aims to analyze the key challenges and risks affecting supply chains in the petroleum industry. Through a systematic review of numerous scientific studies, including the state-of-the-art studies, the main factors that may disrupt the stability of supply chains have been identified. The study summarizes existing risks, such as geopolitical, environmental, climatic, market, economic, and technological factors. Additionally, the paper aims to propose potential solutions to mitigate the negative impact of these risks on the petroleum industry supply chains. Considering the increasing complexity of global energy markets and the growing emphasis on sustainability, enhancing the resilience of supply chains is essential for maintaining operational efficiency and long-term competitiveness in the industry. The originality of this review is that it brings geopolitical, environmental, economic, technological, and reputational risks into a single framework and supports the analysis with comparative tables of mitigation strategies, offering a more integrated view of petroleum supply chain risks.
Bajić et al. (Thu,) studied this question.