Dossier
conflict between United States and Iran
Coverage of conflict between United States and Iran in the Nexus archive.
- Energy agency expects global oil demand to fall in 2026
The International Energy Agency forecasts global oil demand to fall by one million barrels a day in 2026 due to the United States-Iran conflict, which is creating economic uncertainty. Oil production increased in June but remains below pre-war levels, and the conflict could disrupt expectations of a 2027 oil surplus.