Iran war ‘depleting’ global oil reserves at ‘record rate,’ IEA report warns
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Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.364 · RIGHT
Ensemble
0.182 · CENTER
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Article Excerpt
ECONOMY
Iran war ‘depleting’ global oil reserves at ‘record rate,’ IEA report warns
By Uday Rana Global News
Posted May 13, 2026 10:43 am
Updated May 13, 2026 1:32 pm
2 min read
The ceasefire between Iran and the U.S. is still holding, but there's also no evidence of both sides will agree to a long-lasting peace deal. Jackson Proskow reports on how U.S. President Donald Trump is blasting Iran's proposal to end the war, and how the world is bracing for energy shortages because of the Strait of Hormuz blockades – May 11, 2026
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