Loading market data...

IEA Cuts 2026 Oil Demand Forecast on Strait of Hormuz Closure

IEA Cuts 2026 Oil Demand Forecast on Strait of Hormuz Closure

Why the forecast was cut

->

Varför prognosen sänktes

Then:

The IEA's move comes after the strait — a narrow waterway that carries a large share of the world's seaborne oil — was shut down. That closure disrupts tanker traffic and forces buyers to scramble for alternative supplies, which in turn dampens the outlook for consumption. The agency didn't spell out exactly how much it shaved off its numbers, but the direction is clear: less oil moving through a critical chokepoint means less demand overall.

Swedish:

IEA:s agerande kommer efter att sundet — en smal vattenväg som transporterar en stor del av världens olja till sjöss — stängdes. Stängningen stör tankertrafiken