Global oil market hit by 500 million barrel loss amid Iran war

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Source: Middle East Eye
Published: 2026-04-18 11:49 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
The war on Iran has removed about 500 million barrels of crude from the global market, the largest energy supply disruption in modern history, according to data from analytics firm Kpler.
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