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Energy · 26 views
IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production
Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the Middle East, reversing previous projections of a surplus.
Breaking
Energy 
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Brief read Under 1 min brief 20 words
Summary
Global oil demand will exceed supply by 1.78M bpd in 2026 as Middle East conflict closes the Strait of Hormuz.
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Part of IEA coverage 33 tracked stories
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