{"id":697881,"date":"2026-05-13T11:47:52","date_gmt":"2026-05-13T15:47:52","guid":{"rendered":"https:\/\/goldtadise.com\/?p=697881"},"modified":"2026-05-13T12:56:46","modified_gmt":"2026-05-13T16:56:46","slug":"iran-war-depleting-global-oil-reserves-at-record-rate-iea-report-warns-global-news","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=697881","title":{"rendered":"Iran war \u2018depleting\u2019 global oil reserves at \u2018record rate,\u2019 IEA report warns &#8211; Global News"},"content":{"rendered":"<h4>Global oil supply is \u201crapidly shrinking\u201d as the war in Iran and the closure of the Strait of Hormuz drag into the third month, a report by the International Energy Agency says.<\/h4>\n<p>In April, global oil supply shrank by 1.8 million barrels a day, with the<em><strong> total losses since February amounting to 12.8 million barrels of oil lost every day<\/strong><\/em>, the IEA\u2019s oil market report for May said.<\/p>\n<p>The price of Brent crude, the global benchmark for the price of oil, was well above pre-war levels on Wednesday, around US$107 per barrel.<\/p>\n<p><a href=\"https:\/\/www.msn.com\/en-ca\/money\/other\/iran-war-depleting-global-oil-reserves-at-record-rate-iea-report-warns\/ar-AA235YHd?ocid=msedgntp&amp;pc=LCTS&amp;cvid=6a049c6a94b44609abd3146e5dc43cb5&amp;ei=23\">https:\/\/www.msn.com\/en-ca\/money\/other\/iran-war-depleting-global-oil-reserves-at-record-rate-iea-report-warns\/ar-AA235YHd?<\/a><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/energy\/iea-revises-2026-forecast-global-oil-supply-plunge-below-demand-year\">https:\/\/www.zerohedge.com\/energy\/iea-revises-2026-forecast-global-oil-supply-plunge-below-demand-year<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil supply is \u201crapidly shrinking\u201d as the war in Iran and the closure of the Strait of Hormuz drag into the third month, a report by the International Energy Agency says. In April, global oil supply shrank by 1.8 &hellip; <a href=\"https:\/\/goldtadise.com\/?p=697881\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2948,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-697881","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/697881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=697881"}],"version-history":[{"count":2,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/697881\/revisions"}],"predecessor-version":[{"id":697887,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/697881\/revisions\/697887"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=697881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=697881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=697881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}