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As Iran war drags on, this is how quickly global oil stocks are being depleted — and travel season is starting soon
business

As Iran war drags on, this is how quickly global oil stocks are being depleted — and travel season is starting soon

MarketWatch · May 21, 2026, 9:39 AM · Also reported by 4 other sources

Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.

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CNBC Oil market could enter ‘red zone’ by July as stocks dwindle ahead of summer travel season, IEA chief says Yahoo Finance Stocks fall and oil rises after Iran leader's uranium demand CNBC Billionaire families bet on semiconductor and energy stocks in first quarter during Iran war Investing.com Iran war drags European economy down, pushes prices up

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