Oil market at 'tank bottoms' in Asia — and Europe isn't far behind — warns Carlyle's Currie

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Source: CNBC
Published: 2026-05-25 14:51 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Europe, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, Jeff Currie, Carlyle's chief strategy officer of energy pathways, said Monday, underscoring the global energy shock due to the Iran war.
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