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Iran War Wipes Out Global Oil Demand Growth This Year, IEA Says

Global oil demand will decline this year for the first time since the 2020 pandemic as a price surge caused by the Middle East conflict wipes out growth, the International Energy Agency said.

This article was originally published by Bloomberg Markets and is republished here under license.

Global oil demand will decline this year for the first time since the 2020 pandemic as a price surge caused by the Middle East conflict wipes out growth, the International Energy Agency said.

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