Crypto Briefing August 12, 2026

IEA cuts 2026 oil demand forecast amid Strait of Hormuz closure impact

IEA cuts 2026 oil demand forecast amid Strait of Hormuz closure impact

The IEA's revised forecast highlights the vulnerability of global oil markets to geopolitical tensions, potentially stabilizing future oil prices.

The post IEA cuts 2026 oil demand forecast amid Strait of Hormuz closure impact appeared first on Crypto Briefing.

You might also like

Elon Musk warns AI agents could become crypto’s n…
Nov 01, 2026 Read
Meta’s ad revenue surges 26%, outpacing Google’s …
Nov 01, 2026 Read
Binance hacker sells 908,793 PROM worth $5M for $…
Nov 01, 2026 Read
Trump says US would contact North Korea if it’s t…
Nov 01, 2026 Read