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 oil market surplus next year, it said on Friday, as global…
Read the full articleYou might also wanna read
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
Global oil supply rose by 4.1mln bpd in June, the agency said, but remained 9.4mln bpd below pre-war levels
IEA Oil Market Report: US-Iran Interim Agreement Could Reopen Strait of Hormuz, Oil Prices Fall
Oil Market Report - June 2026 - Analysis and key findings. A report by the International Energy Agency.
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.

Strategic oil reserve buying set to support crude demand through 2028
The IEA coordinated a record 400 million-barrel release after disruptions in the Strait of Hormuz drove crude prices sharply higher

Oil edges up as renewed U.S.-Iran strikes stoke Middle East supply concerns
Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle E

Comments
Sign in to join the conversation.
No comments yet. Be the first.