IEA forecasts drop in global oil demand by 2026
Oil prices dropped today following the decision to draw from oil reserves, according to a report from the International Energy Agency, as prices declined due to increased supply. The global market was also impacted by a decline in gold prices, and Asian stock indices fell as a result of losses on Wall Street. On the sector level, four people were killed and others wounded by occupation gunfire in Gaza amid an escalation of military activity, which included shelling and evacuations targeting buildings and lands.
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