Surging demand, low reserves and reduced Middle East exports predicted to cause global crunch by August

Archived version: https://archive.is/newest/https://www.theguardian.com/world/2026/may/21/oil-markets-nearing-red-zone-as-holiday-season-nears-warns-iea-chief


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[–] 3 points 3 months ago

Seems like a good time to get off fossil fuels.

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