IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market - https://www.cnbc.com/2026/09/11/iran-war-oil-diesel-iea-hor

IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market - https://www.cnbc.com/2026/09/11/iran-war-oil-diesel-iea-hormuz.html https://www.cnbc.com/2026/09/11/iran-war-oil-diesel-iea-horm... - September 11th, 2026 > The International Energy Agency has cut its 2026 global oil supply forecast by 6% as the Iran war drags on. > It now expects global oil demand to fall by 2.5 million barrels per day this year. > The energy agency also warned that shrinking inventories and strained refineries could further tighten markets.