Middle East oil supply disruptions to rise in April and hit Europe, IEA chief says

Source: Reuters (via feed)




Oil supply disruptions from the Middle East will increase in April and will impact Europe. This rise in disruptions is linked to the closure of the Strait of Hormuz. Fatih Birol, head of the International Energy Agency, made these remarks on Wednesday.

BizTrendWire Insight:

The International Energy Agency head commented on the increased oil supply disruptions from the Middle East in April. The statement included effects on Europe linked to a specific maritime closure.


Read full story on Reuters

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