OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
- Posted on June 18, 2026
- By CNBC
- 1 Views
- 1 min read
OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
