IEA Monthly Report: Global oil demand is expected to decline by 1.6 million barrels per day in 2026 due to disruptions in the Strait of Hormuz and high oil prices (previously forecast as a decline of 1 million barrels per day).
2026-08-12
IEA Monthly Report: Global oil demand is expected to decline by 1.6 million barrels per day in 2026 due to disruptions in the Strait of Hormuz and high oil prices (previously forecast as a decline of 1 million barrels per day).