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2 hours ago · Iran

Global oil supply returns to surplus for first time since start of Iran war, says IEA

Global oil supply returns to surplus for first time since start of Iran war, says IEA

What's happening

SignalsMonitor is following this as a conflict story. The Guardian Business is the outlet attached so far. The reports are tied to Iran. The first report grouped here was at 13 Nov 2026, 13:35 UTC. The headline in use is “Global oil supply returns to surplus for first time since start of Iran war, says IEA”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

Supplies outstripped demand by almost 2m barrels a day in October as market shows ‘tentative signs of rebalancing’ The world’s oil supply is swinging back to a surplus for the first time since the start of the US-Israeli war against Iran, the International Energy Agency (IEA) has said.

The Guardian BusinessRead at The Guardian Business

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • The Guardian