IEA warns of slow Gulf oil recovery even as Hormuz deal nears | The National
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Source: The National (UAE)
Published: 2026-06-17 22:46 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, Business & Economy, War & Conflict, Retail
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Snippet:
Global oil supply and demand will both contract sharply this year as the fallout from the Iran war ripples across products and regions, with only a gradual recovery in Gulf exports and output ahead, the International Energy Agency said on Wednesday.
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