EIA Sees Prolonged War in Iran Draining Global Oil Stocks Faster Than Expected

The agency said it expects inventories to decline by 2.6 million barrels a day on average in 2026, compared with its previous estimate of a 300,000 barrels a day decrease.

May 13, 2026 - 00:00
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EIA Sees Prolonged War in Iran Draining Global Oil Stocks Faster Than Expected
The agency said it expects inventories to decline by 2.6 million barrels a day on average in 2026, compared with its previous estimate of a 300,000 barrels a day decrease.

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