International Energy Monitors Oil Conflict

The article is based on a report about the International Energy Agency's monitoring of the oil markets amid the escalating military situation in the Middle East. The report confirmed that the agency is closely following developments, especially in light of attacks on power and water desalination plants in Kuwait, and officials' statements regarding the necessity of reopening the Strait of Hormuz to prevent a deterioration in energy security. It is expected that the oil market will gradually recover and will experience a significant surplus by 2027.

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