The International Energy Agency (IEA) predicts a decrease in global oil demand for the first time since 2020.

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Who

International Energy Agency (IEA)

What

The International Energy Agency (IEA) predicts a decrease in global oil demand for the first time since 2020.

When

Thu, 16 Jul 2026 21:00:00 GMT · 2h 5m ago

Where

Global ·

Why

The decrease is attributed to the Iran war and disruptions in the Strait of Hormuz.

The Frontline Impact

How this affects you

This marks the first decline in global oil demand since 2020, signaling potential shifts in energy markets due to geopolitical conflict.

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