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IEA Cuts 2026 Oil Supply Forecast Amid Hormuz Closure

Key takeaways

  • The IEA has reduced its 2026 oil supply forecast due to the ongoing closure of the Strait of Hormuz, raising concerns over global oil availability.
#Energy#Oil#IEA#Market Forecast

Analysis

The IEA has reduced its 2026 oil supply forecast due to the ongoing closure of the Strait of Hormuz, raising concerns over global oil availability.

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