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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.

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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

Published June 17, 2026 · Category: Finance

Overview

The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.

Source

Originally published at www.cnbc.com.

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