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The U.S. Energy Information Administration (EIA) reported that oil-producing countries in the Middle East have reduced production by more than 11 million barrels per day due to the closure of the Strait of Hormuz. The agency released the data on June 10, 2026, noting a significant disruption in regional oil output.

According to the EIA, global oil demand this year has also declined compared to earlier forecasts. The new figures show a decrease of about 1.1 million barrels per day from last year, reversing the agency’s previous projection of slight growth. The report further indicates that oil inventories among OECD member countries may fall to their lowest level since 2003, when average reserves stood between 2.5 and 2.6 billion barrels.

The findings, sourced from Al Jazeera, highlight tightening global supply conditions and potential pressure on energy markets if the Strait of Hormuz remains closed.

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