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IEA Predicts First Annual Decline in World Oil Demand Since 2020
The International Energy Agency (IEA) forecasts the first annual decline in global oil demand since 2020. This projection is attributed to the ongoing conflict in Iran.
10 Jul, 08:43 — 10 Jul, 17:27
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cnbcMostly Factual16d ago
World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
Read full article →seeking-alphaMixed16d ago
World oil demand set for first annual decline since 2020 on Iran war: IEA
Read full article →myjoyonlineMixed16d ago
Global oil demand set for first annual decline since 2020, IEA says
The International Energy Agency projects a significant downturn in global oil demand for 2026. This marks the first annual decline since the 2020 pandemic. The agency cites the ongoing conflict involving Iran as the primary catalyst for this shift. Hostilities in the Middle East have severely damaged production capacity and disrupted critical export routes. Impact […]
By Ebenezer Afanyi Dadzie
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First report: cnbc · 10 Jul, 08:43|Full coverage: 4 · 9h|Window: 9h
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