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Watch Iran War: Oil Starting to See Demand Destruction, Rystad Energy Says - Bloomberg

Bloomberg·Bloomberg·28 days ago
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May 5th, 2026

Oil Starting to See Demand Destruction, Rystad Energy Says

Jorge Leon, senior VP and head of geopolitical analysis at Rystad Energy, says demand destruction has begun in the global oil market due to the Iran war and looks at the potential for additional supplies coming to the market if prices remain at elevated levels.

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