diplomacyMay 31, 2026

Global agencies warn summer fuel security at risk as Hormuz blockade drains oil inventories worldwide

Summary

WASHINGTON, May 31 — The heads of the International Monetary Fund, World Bank and International Energy Agency warned on Friday of the risks to fuel security during peak demand summer months if oil shipping through the Strait of Hormuz does not return to normal.

Source: Malay Mail — Read the full report

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Sources

Malay MailBy Malay Mail
WASHINGTON, May 31 — The heads of the International Monetary Fund, World Bank and International Energy Agency warned on Friday of the risks to fuel security during peak demand summer months if oil shipping through the Strait of Hormuz does not return to normal. “Global oil invent…

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