OPEC sees slower demand growth this year as production falls more than 30% on Hormuz closure ⊕
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2026 › May › 13
Global
47 days ago
Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.
Global oil inventories falling at record pace amid Iran war; US producer price inflation hits four-year high – business live ⊖⊖
IEA warns that mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace
Global oil stocks are being run down at a record pace as supply losses mount due t…
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