IEA cuts 2026 oil demand forecast again as Hormuz remains shut
Demand is expected to slump by 1.6 million barrels per day, compared with its forecast slump of one million barrels in its previous monthly report in July.
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- IEA cuts 2026 oil demand forecast again as Hormuz remains shut freemalaysiatoday.com
- Oil prices near 2-week high as Hormuz remains closed, Houthi strikes continue hellenicshippingnews.com
- Hormuz standoff derails oil supply recovery and deepens demand slump, IEA says hindustantimes.com