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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

Europe News 17 June 2026, 08:39 UTC 17 Jun 2026

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war — Europe News

The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.

This story was reported by Europe News. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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