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Back|Global Oil Supply to Fall Short of Demand in 2026 Due to Iran War
Global Oil Supply to Fall Short of Demand in 2026 Due to Iran War
NEWSAI
Economic Times·5/13/2026·🇮🇳India·Energy

Global Oil Supply to Fall Short of Demand in 2026 Due to Iran War

2 min read·%80 importance·396 words
#oilsupply#Iranwar#MiddleEastproduction#IEAreport#globaldemand
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Economic Times
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Global oil supply is set to fall short of demand this year, with the Iran war severely impacting Middle East production. 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. ... (full cleaned article text preserved with paragraph breaks)

This article was originally published by Economic Times.

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