Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
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Source: CNBC
Published: 2026-04-01 22:31 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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Snippet:
The coming month will see an intensification of the oil supply glut that has driven prices sharply higher since the start of the Iran war, according to the head of the International Energy Agency.
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