Global oil supplies are being drained at a record pace as the war in the Middle East continues to choke<\/p>\n
supplies moving through the Strait of Hormuz.<\/p>\n
That\u2019s according to the International Energy Agency (IEA) which says more than 10 weeks into the<\/p>\n
crisis, cumulative supply losses from Gulf producers have already exceeded 1 billion barrels with more<\/p>\n
than 14 million barrels per day of oil now shut in \u2014 the largest supply disruption ever recorded.<\/p>\n
https:\/\/www.energylivenews.com\/2026\/05\/18\/iran-war-causes-largest-ever-oil-supply-disruption\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Global oil supplies are being drained at a record pace as the war in the Middle East continues to choke supplies moving through the Strait of Hormuz. That\u2019s according to the International Energy Agency (IEA) which says more than 10 weeks into the crisis, cumulative supply losses from Gulf producers have already exceeded 1 billion […]<\/p>\n","protected":false},"author":2,"featured_media":7459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87],"tags":[],"class_list":["post-7458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en"],"acf":[],"yoast_head":"\n