The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Aug 12, 2026
· 5 min read
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IEA cuts 2026 oil supply forecast as Hormuz reopening stalls
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Heuristic (v1/v3)
0.20 · CENTER-RIGHT
ML v2 (DistilBERT)
0.242 · RIGHT
Ensemble
0.121 · CENTER
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Article Excerpt
IEA cuts 2026 oil supply forecast as Hormuz reopening stalls
ROBERT HARVEY
REUTERS
PUBLISHED 5 HOURS AGO
Open this photo in gallery:
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, in August.
STRINGER/REUTERS
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Global oil supply will fall by 4.3-million barrels per day, or around 4 per cent, this year, the International Energy Agency said in its monthly oil market report on Wednesday, as renewed hostilities in the Middle East are set to plunge…
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Aug 12, 2026