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Iran war: Oil stocks being used up at record pace, IEA warns

DW English · May 13, 2026, 10:00 AM · Also reported by 4 other sources

Key takeaways

  • The International Energy Agency warned of "rapidly shrinking buffers." Meanwhile, Iranian Foreign Minister Araghchi is en route to Delhi for a BRICS gathering which is set to be dominated by the conflict.
  • The Lebanese Health Ministry said eight people were killed in strikes targeting cars on a highway south of Beirut, including two children.
  • Israel has continued to conduct airstrikes against Hezbollah despite a mid-April truce aimed at halting the fighting.

Why this matters: an international story with cross-border implications worth tracking.

The International Energy Agency warned of "rapidly shrinking buffers." Meanwhile, Iranian Foreign Minister Araghchi is en route to Delhi for a BRICS gathering which is set to be dominated by the conflict. DW has more.

https://p.dw.com/p/5Dg8n Iran's continued closure of the Strait of Hormuz amid the US blockade on its ports has taken its toll on energy supplies Image: Amirhosein Khorgooi/ISNA/AP Photo/picture alliance Advertisement Skip next section What you need to know What you need to know The IEA has warned about depleting oil stocks amid the continued blocking of the Strait of Hormuz Iranian Foreign Minister Araghchi is traveling to Delhi ahead of Thursday's BRICS meeting Another person has been hanged in Iran over espionage Welcome to DW's coverage of the ongoing conflict in the Middle East on Wednesday, 13 May, 2026. You can catch up on Tuesday's developments here.

05/13/2026May 13, 2026Israeli strikes kill 8 south of Beirut, Lebanon's Health Ministry saysIsrael said on Wednesday that it had launched a new wave of attacks across southern Lebanon, claiming to be targeting infrastructure belonging to the Iranian-backed paramilitary group Hezbollah.

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