What started as a supply shock following the U.S.-Israel-Iran war has become a demand story, forcing the energy sector to reconsider one of its most important assumptions: continued growth of global oil demand. https://www.japantimes.co.jp/commentary/2026/06/15/world/peak-oil-demand-arrives/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #us #israeli #iran #straitofhormuz #middleeast #internationalenergyagency #iea #oil #energy #globaleconomy #brent #china #donaldtrump
Peak oil demand arrives sooner than expected

Amid the disruptions caused by the US-Israeli-Iran war, countries have begun adapting to life with less oil.

The Japan Times