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Latest US-Iran hostilities threaten oil output recovery, says IEA

By Benjamin Chiou

Date: Friday 10 Jul 2026

(Sharecast News) - Global oil demand is recovering from its May low, according to the International Energy Agency on Friday, but renewed fighting between the US and Iran threatens to derail expectations that the market will return to surplus next year.
In its July Oil Market Report, the agency said oil...

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