Oil shock 'largest supply disruption' in history, says International Energy Agency
- Posted on March 12, 2026
- By Le Monde
- 6 Views
Oil shock 'largest supply disruption' in history, says International Energy Agency
The IEA said current flows through the Strait of Hormuz were moving at less than 10% of pre-crisis levels, which in 2025 were around 15 million barrels per day – with 'no signs of a de-escalation in hostilities or a clear timeline for a recovery in flows through the Strait.'
