IEA Forecasts Historic Oil Supply Shock In April On Iran War Escalation

The executive director of International Energy Agency (IEA) Birol, has predicted that April could bring an even deeper oil supply crunch. Oil markets jumped again Thursday after President Trump said US operations against Iran would continue well into April, renewing fears of a prolonged Strait of Hormuz disruption. Brent climbed back toward $110/bbl, prompting the […]

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