The oil shortage is ending — Live Feedhttps://www.live-feeds.com/feed/the-oil-shortage-is-endingContinuously updated, source-cited coverage. Oil shortage easing as Hormuz reopening nears, but price risks remainhttps://www.live-feeds.com/feed/the-oil-shortage-is-endinghttps://www.live-feeds.com/feed/the-oil-shortage-is-ending#u2344Wed, 17 Jun 2026 13:37:23 +0000Global oil markets are shifting toward surplus conditions, but price volatility persists amid lingering supply chain disruptions and weak demand. The U.S. Energy Information Administration now projects a tighter timeline for market stabilization, though traders warn of persistent risks. A preliminary U.S.-Iran deal has eased immediate tensions, but its long-term impact on prices remains uncertain. Motor oil shortages could still drag on recovery even as crude supply rebounds.What's confirmed:The U.S. Energy Information Administration now expects a significant global oil surplus to materialize Oil shortage easing as Hormuz reopening and Iran deal trigger surplus fearshttps://www.live-feeds.com/feed/the-oil-shortage-is-endinghttps://www.live-feeds.com/feed/the-oil-shortage-is-ending#u2299Wed, 17 Jun 2026 12:52:29 +0000Oil prices are stabilizing but under downward pressure as traders anticipate the end of the Iran conflict and the reopening of the Strait of Hormuz. The International Energy Agency (IEA) projects a significant surplus by 2027, though motor oil shortages may linger. A preliminary U.S.-Iran deal has eased immediate supply concerns, but lingering disruptions and weakened demand could delay a full recovery. Prices remain volatile as investors weigh the deal’s durability.What's confirmed:Oil prices edged higher on Wednesday as investors assessed whether the Iran war will end and the Strait of Hormu Oil glut looms as Iran war deal triggers market shifthttps://www.live-feeds.com/feed/the-oil-shortage-is-endinghttps://www.live-feeds.com/feed/the-oil-shortage-is-ending#u2247Wed, 17 Jun 2026 12:01:30 +0000Oil prices have stabilized but are under pressure as traders bet on the end of the Iran war and the reopening of the Strait of Hormuz. The International Energy Agency (IEA) warns of a significant surplus by 2027, while motor oil shortages may persist into next year. A preliminary US-Iran deal has eased immediate supply fears, but lingering disruptions and demand destruction could delay full recovery.What's confirmed:Oil prices have edged higher but remain volatile as investors assess whether the Iran war will end and whether the Strait of Hormuz will fully reopen.Traders are rapidly adjusting