IEA: US-Iran escalation threatens 2027 oil surplus forecast
--------------------------------------------------------------------
Source: Middle East Eye
Published: 2026-07-11 15:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, World News
--------------------------------------------------------------------
Snippet:
The International Energy Agency (IEA) predicts supply will expand by 7.5 million bpd next year after a 3.7 million bpd contraction this year, but that is contingent on improved Hormuz transits.
--------------------------------------------------------------------