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الصحة والعلوم الشرق الأوسط
IEA forecasts steady oil market recovery
The International Energy Agency stated that the global oil market will gradually recover following the closure of the Strait of Hormuz, with a significant surplus expected in 2027, amid an agreement between the United States and Iran to end the blockade and the American sanctions on Iranian ports. The ongoing war in the Middle East and the closure of the strait have caused oil inventories to drop to their lowest levels since 1990, with a decrease of 163 million barrels since the war began in February.
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