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EIA says Strait of Hormuz shipments remain severely constrained and now expects Middle East oil supply disruptions to be larger than its July forecast. It projects most Middle East crude output will recover to near pre-conflict levels by early 2027,

2026-08-12

EIA says Strait of Hormuz shipments remain severely constrained and now expects Middle East oil supply disruptions to be larger than its July forecast. It projects most Middle East crude output will recover to near pre-conflict levels by early 2027, but estimates disruptions will persist through end-2027 at about 600,000 bpd.

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2026-08-12

Bank of France expects Q3 GDP to rise 0.2%, unchanged from Q2 and slightly above market consensus of 0.1%. Services — notably transport, information and communications — should continue to support activity; manufacturing rebounded in August. Energy o

Bank of France expects Q3 GDP to rise 0.2%, unchanged from Q2 and slightly above market consensus of 0.1%. Services — notably transport, information and communications — should continue to support activity; manufacturing rebounded in August. Energy output is expected to expand, while construction may weaken further amid fewer public project contracts. A survey of about 8,500 firms showed slower July increases in raw material costs and selling prices, suggesting the pass-through of spring input-cost rises to final prices may be near completion. The bank flagged significant uncertainty from Middle East geopolitics and extreme weather and noted mixed signals ahead of the presidential election: a Q2 rebound alongside unemployment at a near six-year high and persistent budget deficit pressures.
2026-08-11

Reserve Bank of Australia Governor Bullock: It is expected that economic growth will slow for some time before inflation can be reduced.

Reserve Bank of Australia Governor Bullock: It is expected that economic growth will slow for some time before inflation can be reduced.
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