The International Monetary Fund (IMF) stated that the war with Iran has suppressed global oil production by approximately 14 million barrels per day, and future oil price trends will depend on whether the Strait of Hormuz can be reopened.

2026-06-04

The International Monetary Fund (IMF) stated that the war with Iran has suppressed global oil production by approximately 14 million barrels per day, and future oil price trends will depend on whether the Strait of Hormuz can be reopened.