IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market
--------------------------------------------------------------------
Source: CNBC
Published: 2026-09-11 20:56 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Ukraine/Russia, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
--------------------------------------------------------------------
Snippet:
The Iran and Ukraine wars are adding pressure to an oil refining system "stretched to the limit," the International Energy Agency warned Friday, as it once again cut its global supply and demand forecasts amid the ongoing energy shock.
--------------------------------------------------------------------