Maritime & Logistics

IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic

Low Severity Global
Date Occurred May 13, 2026 17:00 UTC
Event Type Maritime & Logistics
Source gCaptain
Recorded May 13, 2026
Full Description

The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the largest oil market shocks in modern history, with global oil demand now...

Original Source
https://gcaptain.com/iea-warns-hormuz-crisis-could-trigger-first-global-oil-demand-contraction-since-pandemic/
Event Metadata
  • ID #960
  • Type Maritime & Logistics
  • Region Global
  • Severity Low
  • Indexed May 13, 2026
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