Demand Destruction
2 stories
-
worldIEA Warns of Historic Oil Supply Shock Amidst Geopolitical Tensions
Global oil markets face unprecedented disruption as transit lines are choked, leading to a severe supply shock and demand contraction, warns the IEA.
-
financeOil Market Shifts to Demand Destruction Mode as Iran War Strains Global Supply
Global oil supplies are critically strained by the Iran conflict, forcing policymakers to consider emergency tools to curb energy consumption.