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الاقتصادية
IEA lowers 2026 oil forecast
The International Energy Agency has lowered its global oil supply forecasts for 2026 due to ongoing delays in reopening the Strait of Hormuz and disruptions to navigation movement in the Bab el-Mandeb since July. The agency now expects a decrease of 4.3 million barrels per day, approximately 4%, compared to July's estimates. This shortfall increases the risk of market shortages, leading to a rise in oil prices, with Brent crude reaching around $89.66 and West Texas Intermediate at $83.92. Concerns persist over ongoing geopolitical issues and their impact on production and exports. Many countries rely on key maritime transit routes, and the lack of agreements to reopen the straits complicates efforts to meet global oil demand. This situation could result in further price hikes and a reduction in market supplies in the coming months.
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