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Iran War Oil Shock And High Prices Will Trigger ‘Demand Destruction’, IEA Says
The IEA projected that global oil demand will decline by 80,000 barrels per day this year, reversing its earlier forecast of a 640,000 bpd increase.
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forbes.com
Iran War Oil Shock And High Prices Will Trigger ‘Demand Destruction’, IEA Says
The IEA projected that global oil demand will decline by 80,000 barrels per day this year, reversing its earlier forecast of a 640,000 bpd increase.
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aljazeera.com
Global oil demand to plunge amid disruptions caused by war on Iran: IEA
The IEA's oil 'demand destruction' report comes after its chief said unnamed countries are hoarding stocks.