https://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demandContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demandhttps://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demand#u68384Tue, 15 Sep 2026 02:26:19 +0000Global oil inventories dropped 507 million barrels to 7.8 billion barrels following a pipeline strike. Brent crude has reached $104, while Goldman Sachs projects prices could rise to between $120 and $140. This supply crisis coincides with an ongoing Hormuz crisis that has created fiscal gains and economic pain for Nigeria. These developments follow an International Energy Agency warning of a lost period in demand and a projected supply plunge of 5.7 million barrels per day driven by U.S.-Iran escalation and the conflict in Ukraine.Why it mattersA dual-chokepoint crisis is straining the global https://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demandhttps://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demand#u66906Sun, 13 Sep 2026 09:35:55 +0000Crude prices pulled back following a sharp global oil demand drop forecast by the International Energy Agency. The agency projects an oil supply plunge of 5.7 million barrels per day, pushing the recovery of normal Gulf flows into next year and 2027 due to ongoing U.S.-Iran escalation. The dual weight of the Iran and Ukraine conflicts continues to strain the global refining system, following earlier market contractions. Meanwhile, VinFast appointed Pham Nhat Quan Anh as global CEO as net losses widened to 1.1 billion dollars, and crypto founder Ben Delo pledged 36 million pounds to Reform UK.W https://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demandhttps://www.live-feeds.com/feed/iea-warns-of-lost-period-in-global-oil-demand#u66001Sat, 12 Sep 2026 07:51:26 +0000Global oil supplies face a severe contraction as ongoing hostilities in the Middle East and the protracted Iran war severely disrupt markets. The International Energy Agency reports that worldwide oil supply will drop by 5.7 million barrels per day in 2026, pushing any full recovery of normal Gulf flows into next year. Consequently, crude prices have surged past 100 dollars per barrel, while the global refining system remains stretched to the limit under the dual weight of the Iran and Ukraine conflicts.Why it mattersThe prolonged conflict in the Middle East has severely choked critical transi