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R
Reuters May 13

The International Energy Agency's latest report reveals that global oil supply will fall short of demand this year due to significant production disruptions from the ongoing Iran war, predicting a critical deficit of 1.78 million barrels per day by 2026 and signaling increased price volatility as inventory levels decline sharply. #OilMarket #EnergyCrisis #GlobalDemand #US #IR #IL

Global oil supply to plunge below demand this year due to Iran war, IEA says
R
Reuters May 13

The International Energy Agency announced that global oil supply will fall significantly short of demand this year due to the ongoing war in Iran, resulting in unprecedented supply losses and skyrocketing prices, with projections indicating a deficit of 1.78 million barrels per day by 2026. #OilMarket #EnergyCrisis #GlobalDemand #US #IL #IR

Global oil supply to plunge below demand this year due to Iran war, IEA says