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Energy agency lowers world oil demand forecast for the year

Published October 14, 2026 9:30 am • Updated October 14, 2026 9:30 am •
Energy agency lowers world oil demand forecast for the year
Photo via ABC News US

The International Energy Agency is lowering its world oil demand forecast for the year, noting that the war in Iran is leading to escalating fuel prices, limited oil supplies and a deteriorating economic outlook

The International Energy Agency is lowering its world oil demand forecast for the year, noting that the war in Iran is leading to escalating fuel prices, limited oil supplies and a deteriorating economic outlook

Source: ABC News US — Original report ↗

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Original source: ABC News US ↗