IEA warns global oil refining system ‘stretched to the limit' as Iran, Ukraine wars tighten market

The International Energy Agency has cut its 2026 global oil supply forecast by 6% as the Iran war drags on. It now expects global oil demand to fall by 2.5 million barrels per day this year.

Source: CNBC

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Category General

Source CNBC

Published 2 weeks ago

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News ID #16,272

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