Global Oil Supply Has Dropped 12.8 Million Barrels a Day – No Quick Fix Ahead?
The International Energy Agency (IEA) stated international oil markets will stay severely undersupplied by means of the tip of the third quarter of 2026, even when the US-Iran battle ends by early June. The oil shock from the struggle has destabilized markets, prompting many nations to take measures to preserve gasoline. Why a Firm Ceasefire…
