Oil market at risk of crisis without Middle East diplomatic solution

The International Energy Agency director warns of an oil market shift to 'red zone' this summer without Middle East tensions resolution.

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The fact

Regional instabilities threaten global energy supplies and could destabilize oil-dependent economies.

Quick diplomatic resolution of regional crises is deemed essential to prevent global price spikes.

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Auto-synthesis from 3 media sources · identified on May 21, 2026