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The Nexus
BUSINESSMay 13 · 20:59 UTCMARKETWATCHMyra P. Saefong

The world lost nearly 1 billion barrels in oil supply over the past 75 days. Why investors aren’t worrying enough.

The world lost nearly 1 billion barrels in oil supply over the past 75 days due to the Iran war, causing global oil prices to climb by nearly 50%. Despite this significant loss, investors are not worrying enough. The rise in oil prices is overshadowed by the massive loss of oil supply.

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