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Global Oil Demand Starts Rebound, IEA Warns Hormuz Still Unstable
Global energy demand has started to recover as oil shipments through the Strait of Hormuz partially resumed in June, the IEA said.
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economictimes.indiatimes.com
Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening
Global oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United States and Iran threaten future oil surplus…
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Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resume
Global oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International Energy Agency (IEA) said. While the agency…
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euronews.com
Global oil demand set for first annual drop since COVID, IEA says
Global oil consumption is on course to shrink this year for the first time since the COVID-19 pandemic, the International Energy Agency has said, as the war between the US and…
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energyintel.com
Stronger Oil Recovery at Risk if Hormuz Deal Crumbles: IEA
The IEA eased its forecast declines for global oil supply and demand this year as June proved stronger than expected. But Hormuz hangs in the balance.
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Goldman says Hormuz flare-up may delay recovery in oil supplies
Renewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearly halted after recent attacks and…
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benzinga.com
Global Oil Demand Starts Rebound, IEA Warns Hormuz Still Unstable
Global energy demand has started to recover as oil shipments through the Strait of Hormuz partially resumed in June, the IEA said.