The International Energy Agency calls for urgent reopening of the strait of Homuz amid ongoing pressure on global oil supplies Opec has lowered its full-year forecast for world oil demand growth for the fourth month in a row. The oil producing cartel said it was now expecting oil demand to have ...
Source: [Guardian International](https://www.theguardian.com/business/live/2026/aug/12/oil-prices-brent-crude-iran-trump-fuel-inflation-tui-travel-business-live)