World
IEA projects oil supply decline due to tensions between U.S. and Iran
The IEA has downgraded its forecasts for oil supply and demand due to the conflict between the U.S. and Iran.
The International Energy Agency (IEA) has expressed concern over the reduction of global oil supply, citing tensions between the United States and Iran as one of the main factors.
Additionally, the IEA has also downgraded its predictions related to oil demand, increasing uncertainty in the global energy market.