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 markets to normalize. Behind the scenes, Iran has reportedly…
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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 mar
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
Renewed U.S.-Iran Fighting Could Trigger Middle East Oil Market Share Battle
Renewed fighting between the United States and Iran has shattered expectations of a lasting ceasefire, bringing fresh concerns over prolonge
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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