Iran escalation could threaten 2027 oil market surplus, IEA says
A recent escalation of hostilities between the U.S. and Iran could upend the International Energy Agency’s forecast of a significant oil market surplus next year, it said on Friday, as global supply…
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US-Iran escalation could threaten 2027 oil market surplus, IEA says
LONDON: A recent escalation of hostilities between the US and Iran could upend the International Energy Agency’s forecast of a significant o
US-Iran escalation could threaten 2027 oil market surplus, IEA says
Global oil supply rose by 4.1mln bpd in June, the agency said, but remained 9.4mln bpd below pre-war levels
IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast
IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast Despite the tentative recovery of oil flows through the Strait
The World Was Headed for a Massive Oil Glut Next Year — the Renewed Iran War Could Upend Everything, Energy Watchdog Warns
The IEA warns the renewed U.S.-Iran fighting could upend its forecast of a massive 2027 oil surplus, calling a lasting peace a "must" for ma
Energy Indicators
Global energy markets faced increased volatility in early 2026 following the geopolitical shock of the Iran conflict. The closure of the Str
US-Iran escalation threatens oil supply recovery, warns IEA
Sources suggest that the ceasefire can be revived amid a lull in fighting and backroom diplomacy.
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