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war-conflict · severity 3/5

OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens

·5h

The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.

TickersOPEC, IEAChannelsoil_gas, shipping, stocksCountriesusa, saudi-arabiaCategoriesoil-gas
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Published
6/18/2026, 3:19:47 PM
Fetched
6/18/2026, 6:07:19 PM
Confidence
60 / 100
Relevance
59 / 100
Trust
Language
en