IEA SEES TOTAL WORLD OIL SUPPLY 1.74 MILLION BPD LOWER THAN DEMAND IN 2026 (PREV. FORECAST 1.27 MILLION BPD LOWER)
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IEA NOW SEES FULL RECOVERY IN OIL SUPPLIES FROM GULF PRODUCERS DEFERRED UNTIL 2027
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IEA SAYS WORLD OIL SUPPLY TO AVERAGE 100.7 MILLION BPD IN 2026, DOWN 5.7 MILLION BPD FROM 2025 AND 1.3 MILLION BPD LOWER THAN PREV. FORECAST
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IEA SAYS GLOBAL OBSERVED OIL INVENTORIES PLUNGED BY A FURTHER 95 MILLION BARRELS IN AUGUST
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IEA SAYS NEED FOR PROGRESS IN RESOLVING MIDDLE EAST, RUSSIA-UKRAINE CONFLICTS IS GREATER THAN EVER TO AVOID FURTHER OIL MARKET TIGHTENING
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IRAN'S PRESIDENT MASOUD PEZESHKIAN EXPRESSED OPPOSITION TO THE CONTINUATION OF WAR BUT STRESSED THE IMPORTANCE OF BUILDING RESILIENCE AGAINST FUTURE PRESSURES.
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IRAN SUPPORTING HOUTHIS ARRIVED AT DHUBAB PORT CITY IN YEMEN, NEAR BAB EL-MANDEB STRAIT
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YEMEN'S HOUTHIS TAKE CONTROL OF MAYYUN ISLAND IN RED SEA: AFP REPORTS
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YEMEN'S HOUTHIS COMPLETE TAKEOVER OF BAB EL-MANDEB STRAIT: AFP REPORTS
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BRICS FINANCE, CENTRAL BANK GOVERNORS: CONTINUE TO HAVE SERIOUS CONCERNS WITH UNILATERAL IMPOSITION OF TRADE AND FINANCE-RELATED ACTIONS
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BRICS: SEEK FASTER, CHEAPER CROSS-BORDER PAYMENTS
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BRICS: CALL FOR 'URGENT' OVERHAUL OF IMF, WORLD BANK POWER
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BRICS: SUPPORT RULES-BASED TRADING SYSTEM WITH WTO AT ITS CORE
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ZELENSKY AND CANADIAN PM MARK CARNEY FORM A 100-YEAR PARTNERSHIP. CANADA JOINS UKRAINE’S FREYJA ANTI-BALLISTIC MISSILE PROJECT, OFFERS NEW AIR-DEFENSE AID, AND MOVES FORWARD WITH A DRONE DEAL.
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YEMENI GOVERNMENT FORCES RETREAT FROM PERIM ISLAND IN BAB EL-MANDEB STRAIT
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HOUTHI SPOKESMAN: YEMENI ARMED FORCES TO ANNOUNCE MAJOR MILITARY OPERATIONS
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FRENCH FINMIN LESCURE: ECONOMIC UNCERTAINTIES HAVE NEVER BEEN SO HIGH
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FRANCE HAS REDUCED ITS 2026 GDP GROWTH PREDICTION TO 0.5% AND EXPECTS 1% GROWTH IN 2027.
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UAE COMMITTED €40BN (~$46BN) IN NEW INVESTMENTS IN GERMANY, ADDING TO ABOUT €34BN ALREADY INVESTED, DURING SHEIKH MOHAMED BIN ZAYED'S VISIT.
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THE MONEY FOCUSES ON INDUSTRY, AI/TECH, DIGITAL INFRASTRUCTURE, AND ENERGY WITH ABOUT 1 GW OF NEW DATA CENTERS; €10BN IS SET ASIDE FOR BAVARIA. IN ADDITION, COMPANIES SIGNED 29 AGREEMENTS WORTH OVER €9.4BN, AND GERMANY APPROVED DAILY FLIGHTS FROM EMIRATES DUBAI TO BERLIN.
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EUROPEAN CENTRAL BANK INCREASED INTEREST RATES TODAY AS ANTICIPATED, SHOWING THE EUROZONE IS EXPERIENCING NEW INFLATION CHALLENGES.
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