Tag: IEA

Global oil demand set for historic drop in 2026 amid Middle East tensions

Global oil demand is expected to decline sharply in 2026, as escalating tensions in the Middle East disrupt supply and weigh on consumption. In...

Oil Market Shock: Middle East War Triggers Largest Disruption of Global Supply in History

The war in the Middle East, which has paralyzed the Strait of Hormuz and disrupted global oil transport, is causing the largest disruption of...