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Paris-based agency

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Business / Economics

World oil demand grows amid Red Sea shipping disruptions: IEA

      Global oil demand is forecast to grow more than expected due to a brighter US economic outlook and rising fuel needs of ships rerouted away from the Red Sea, the International Energy Agency said Thursday. Commercial ships have been taking longer and costlier journeys around the southern tip of Africa to avoid attacks by Yemen's Huthi rebels in the Red Sea, a vital international trade route. The […]

todayMarch 14, 2024 4

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