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BackGlobal Oil Inventories Plummet at Record Pace Amid Iran War Disruptions
Global Oil Inventories Plummet at Record Pace Amid Iran War Disruptions
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Economic Times5/14/2026BusinessIndia

Global Oil Inventories Plummet at Record Pace Amid Iran War Disruptions

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Global oil inventories are depleting at a record 4 million barrels/day due to the Iran war, with severe shortages expected until October despite falling demand, according to the International Energy Agency.

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Global oil inventories are depleting at a record 4 million barrels/day due to the Iran war, with severe shortages expected until October despite falling demand, according to the International Energy Agency.

Read the full article on Economic Times

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This article was originally published by Economic Times.

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