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IEA warns of deepening global oil deficit as Hormuz reopening remains elusive

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IEA warns of deepening global oil deficit as Hormuz reopening remains elusive
Quartz
Quartz1 hrs ago
IEA warns of deepening global oil deficit as Hormuz reopening remains elusive
The agency now sees a 1.8 million barrel-per-day deficit in the third quarter, more than double its prior estimate, as Gulf output remains 8.3 mb/d below pre-war levels
Reuters
Reuters🏁 first to report5 hrs ago
IEA slashes 2026 supply forecast as Hormuz reopening remains elusive
IEA slashes 2026 supply forecast as Hormuz reopening remains elusive  Reuters
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