Global oil demand to plunge amid disruptions caused by war on Iran: IEA

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Source: Al Jazeera
Published: 2026-04-14 20:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
The International Energy Agency (IEA) has sharply cut its forecasts for global oil supply ⁠and demand growth, saying both are expected to fall from last year’s levels as ⁠the United States-Israel war on Iran disrupts oil flows and weighs on the global economy.
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