IEA warns of ‘lost period’ in global oil demand
The IEA warns that global oil demand must drop further as the Iran war delays a market surplus until 2027.
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The IEA warns that global oil demand must drop further as the Iran war delays a market surplus until 2027.
Global shipping routes face critical pressure as Mideast oil producers seek bypasses and warnings circulate regarding the security of the Strait of Hormuz.
Global markets respond as escalating Middle East hostilities drive oil price concerns and regional stock market declines.