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Project News Details
Title:
Global oil supply to plunge below demand this year on Iran war, IEA says
Detail:
The International Energy Agency reports significant supply losses and a projected deficit of 1.78 million barrels per day by 2026. Demand is also expected to decline due to price spikes and economic slowdown caused by the conflict.
Country:
Source:
ET Energy World
Published Date:
12.05.2026
URL:
Regions:
Project News Details
| Title |
Global oil supply to plunge below demand this year on Iran war, IEA says |
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|---|---|---|---|---|
3 Month Special Offer — Get 1 Month FreePay for 2 months, use 3 months. Unlimited premium access. |
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| Detail |
The International Energy Agency reports significant supply losses and a projected deficit of 1.78 million barrels per day by 2026. Demand is also expected to decline due to price spikes and economic slowdown caused by the conflict.
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| Country | ||||
| Source |
ET Energy World
|
|||
| Regions | ||||
| Sectors | ||||
| Published Date |
12.05.2026
|
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| Original Url | ||||
| Share | ||||
| Title |
|---|
Global oil supply to plunge below demand this year on Iran war, IEA says |
| Detail |
| The International Energy Agency reports significant supply losses and a projected deficit of 1.78 million barrels per day by 2026. Demand is also expected to decline due to price spikes and economic slowdown caused by the conflict. |
| Country |
| Source |
| ET Energy World |
| Regions |
| Sectors |
| Published Date |
| 12.05.2026 |
| Original Url |
| View Original Url |
| Share |
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