International Energy Agency: Diesel shortage may last until 2027
Qiyas summary
The agency predicted a global oil supply shortage in 2026 due to Middle East disruptions
Translated by Qiyas from النهار — Original source
The International Energy Agency, in its October monthly report, projected that global oil supplies would fall short of demand by approximately 1.73 million barrels per day in 2026, signaling continued pressure on market balance amid supply disruptions and supply chain challenges. The agency stated that the recent escalation of attacks threatens the recovery of Middle East oil exports in September, heightening concerns about the stability of crude oil and petroleum product flows to global markets.
