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IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic

The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the largest oil market shocks in modern history, with global oil demand now...

By Mike Schuler· gcaptain.com· 1 day ago· 2 min read
IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic