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Global 2026 oil supply gap to deepen on delayed return of normal Gulf flows, IEA says

Source: reuters.com

Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsInflation
Global 2026 oil supply gap to deepen on delayed return of normal Gulf flows, IEA says

The IEA cut its outlook for global oil supply and demand this year, citing delayed normalization of Middle East energy flows as the Iran war remains unresolved. The agency expects disrupted regional flows to extend into 2027, contributing to sharply higher fuel prices and elevating global inflation and energy-market risks.

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