Energy · 49 views
IEA: Global Oil Deficit To Hit 1.8 Million Bpd This Quarter
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Summary
The IEA has slashed its 2026 global oil supply forecast, with output now expected to plunge 4.3 million barrels per day this year as the failure to reopen the Strait of Hormuz pushes the market deeper into deficit.
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Part of IEA coverage 14 tracked stories
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