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IEA: Global Oil Deficit To Hit 1.8 Million Bpd This Quarter | OilPrice.com
IEA cuts its 2026 oil supply forecast again, citing the Hormuz shutdown and a Q3 deficit it calls the worst in nearly five years.
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cnbc.com
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.
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cryptobriefing.com
IEA sees sharper oil supply deficit amid Iran conflict, potential price rise
IEA forecasts a sharper oil supply deficit amid the Iran conflict. Crude oil reaching a new all-time high by December 31 at 12.5% YES.
