[{"data":1,"prerenderedAt":326},["ShallowReactive",2],{"story-192963-en":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":51,"questions":52,"relatedArticles":74,"body_color":324,"card_color":325},"192963",null,"Hormuz Strait Closure Drives Oil Prices to $101.70 | E-Commerce Shipping Cost Crisis","- Logistics costs surge 8-15% for cross-border sellers; air freight and expedited shipping hit hardest through Q3 2026",[],[10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,19,37,24,38,39,40,41,42,43,44,45,46,33,11,47,34,48,49,50],"https://d.ibtimes.com/en/full/4625990/opec-has-changed-strategy-seek-market-share.jpg?w=736&f=ea6d64b13a70817a9e4d61a63eb56519","https://stage.maaal.com/storage/uploads/photos/news/2026-05/1865078370224801.jpg","https://cdn.ttweb.net/News/images/388590.jpg?preset=w800_q70","https://images.wsj.net/im-41159189?width=700&height=467","https://static.cryptobriefing.com/wp-content/uploads/2026/05/13070135/opec-oil-output-hits-new-low-in-april-on-hormuz-export-disru-1-800x420.jpeg","https://economymiddleeast.com/wp-content/uploads/2026/05/OPEC.jpg","https://idsb.tmgrup.com.tr/ly/uploads/images/2026/05/13/thumbs/800x531/441055.jpg","http://img2.chinadaily.com.cn/images/202605/13/6a046d71a310d68600fd543b.jpeg","https://english.news.cn/20260514/d41f7b9218274a18aa44c4f313e7d2ef/20260514d41f7b9218274a18aa44c4f313e7d2ef_CbsbeeE000002_20260514_CBMFN0A001.JPG","https://invezz.com/cdn-cgi/image/width=379,height=205,quality=70,format=webp,fit=cover,position=center/https://invezz-wp-media.lon1.digitaloceanspaces.com/2024/11/OPEC-sign-scaled-1.jpg","https://www.oilandgas360.com/wp-content/uploads/2026/05/OPEC-1.jpg","https://img3.s3wfg.com/web/img/images_uploaded/c/e/dl-oil--crude-oil--shale-oil--oilsands--oil-sands--fracking--pump-jack--generic-pb_620x350.jpg","https://placid-cronin.s3.bhs.io.cloud.ovh.net/articles/31a17beba35f5fac.webp","https://media.assettype.com/bairdmaritime/2025-05-05/tizanass/eyJ3IjoxNDcwLCJmIjoid2VicCIsImsiOiI2ODg3YjljMTg2MjA1NWY3Njk3YmU4YmE5NDJhNDk0MCIsImZwIjpbMC41LDBdLCJyIjoxLjUsIm8iOiJnbG9iYWwifQ.jpg?w=1200&h=675&auto=format%2Ccompress&fit=max&enlarge=true","https://www.devdiscourse.com/img?imageUrl=https://devdiscourse.blob.core.windows.net/aiimagegallery/18_06_2025_13_02_10_8057368.png&width=1280","https://pubimg.futunn.com/20220509000002785386ec02285.jpg","https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg?io=getty-c-w630","https://static.zawya.com/view/acePublic/alias/contentid/44830bbb-f17f-48d8-9d4c-c2679f02f5e6/0/global-oil-kazakhstan.webp","https://www.arabnews.pk/sites/default/files/styles/n_670_395/public/2026/05/13/4712053-2081574619.jpeg?itok=aR2sUM5y","https://img.dunyanews.tv/news/2026/May/05-12-26/news_big_images/951071_69855343.jpg","https://businesspost.ng/wp-content/uploads/2019/10/opec-oil-output.jpg","https://easternherald.com/wp-content/uploads/2026/05/saudi-arabia-oil-output-opec-middle-east-crisis.jpg","https://static.gurufocus.com/cdn-cgi/image/width=500,quality=100/1991468575612903424.jpg","https://www.devdiscourse.com/img?imageUrl=https://devdiscourse.blob.core.windows.net/aiimagegallery/14_08_2025_21_50_08_7931717.png&width=1280","https://blog.tipranks.com/wp-content/uploads/2024/06/shutterstock_1495483385-750x406.jpg","https://image.cnbcfm.com/api/v1/image/108271645-1772399860135-gettyimages-2263738851-raa-opeciran260301_npPEH.jpeg?v=1772399905&w=1600&h=900","https://www.arabnews.com/sites/default/files/styles/n_670_395/public/2026/05/13/4712053-2081574619.jpeg?itok=aR2sUM5y","https://pubimg.futunn.com/20220613034435619e04edd092c.jpg","https://cdnuploads.aa.com.tr/uploads/enerjiterminali/Contents/2026/05/13/thumbs_b_c_2353decbda758adcd45246b59159954e.jpg?v=150834","https://images.investinglive.com/images/Strait%20of%20Hormuz%2010%20April%202026_id_01cbb55f-bcd8-48b4-967b-644c06e622fc_original.jpg","https://www.reuters.com/resizer/v2/VSMSDF24WRITHHPVIQECA3GHDY.jpg?auth=6700619a177f7477e880abe4005ab0e61690e65ebc471936530dfea9ad2060fb&width=1920&quality=80","https://www.iraqinews.com/wp-content/uploads/2022/12/An-oil-field-in-Iraq.-Photo-AFP-850x560.jpg","https://www.washingtonexaminer.com/wp-content/uploads/2026/05/AP26124422896227.jpg?resize=1200,683","https://img.turkiyetoday.com/images/2026/5/13/opec-holds-2026-oil-demand-forecast-amid-iran-war-driven-output-slump-3219896_20260513165957.jpg","http://img2.chinadaily.com.cn/images/202605/13/6a04775aa310d68600fd557a.jpeg","https://qz.com/cdn-cgi/image/width=1920,quality=85,format=auto/https://assets.qz.com/media/GettyImages-2273008323.jpg","https://cdn.zonebourse.com/static/resize/1200/675//images/reuters/2024-11-19T062111Z_1_LYNXMPEKAI07J_RTROPTP_3_USA-STOCKS-ELECTION.JPG","https://en.clickpetroleoegas.com.br/wp-content/uploads/2026/05/opec-reduces-oil-demand-forecast-for-2026-but-bets.jpeg","https://vid.alarabiya.net/images/2023/11/22/58ff6663-7890-4678-ab69-da93ad814697/58ff6663-7890-4678-ab69-da93ad814697_16x9_1200x676.JPG?width=555","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA236Bqo.img?w=768&h=512&m=6","https://energynow.com/wp-content/uploads/Strait-of-Hormuz-with-Oil-Barrels-1200x810-1.jpg","The **Strait of Hormuz blockade** initiated by Iran in late February 2026 has triggered a cascading supply crisis affecting global e-commerce operations. OPEC's May 13, 2026 report reveals crude oil production collapsed by **30%+ (9.7 million bpd losses)**, with Saudi Arabia down 33%, Iraq down 66%, and Kuwait down 76%. Global oil demand growth forecasts slashed from 1.4 to 1.2 million bpd for 2026, while crude prices stabilized at **$101.70/barrel**—reflecting sustained supply constraints. The International Energy Agency warns of **250 million barrel inventory losses** (4 million bpd equivalent) over March-April alone, with global inventories depleting at record pace.\n\n**Direct E-Commerce Impact**: Rising fuel costs translate directly into elevated shipping surcharges across all logistics channels. Sellers relying on **air freight face 12-15% cost increases**, while ocean freight surcharges add 8-10% to baseline rates through peak summer demand (June-August 2026). A typical 1,000-unit monthly shipment via air freight could see costs rise from $8,000 to $9,200-9,600, compressing profit margins by $1,200-1,600 monthly. **Time-sensitive product categories**—electronics, fashion, perishables—face the steepest margin compression. Sellers shipping from Asia-Pacific to North America/Europe experience the most severe impact, as alternative routing around Africa adds 2-3 weeks transit time and 15-20% cost premiums.\n\n**Competitive Dynamics**: Large sellers with diversified supplier networks and flexible pricing strategies can absorb cost pressures; small/medium sellers (SMBs) with single-source suppliers and fixed pricing face margin compression of 5-8%. Sellers with pre-positioned inventory in regional fulfillment centers (US, EU, Asia) can bypass air freight entirely, gaining competitive advantage. The situation creates arbitrage opportunities for sellers who can shift product sourcing from Middle East-dependent supply chains (petrochemicals, textiles, electronics components) to non-OPEC producers (US, Russia, Brazil) despite tariff headwinds. **Timing window**: Peak summer demand (June-August 2026) represents the critical 90-day window before Q4 inventory builds, after which oil prices may stabilize if geopolitical tensions ease (OPEC projects 2027 demand growth rebound to 1.54 million bpd).\n\n**Strategic Sourcing Shifts**: Sellers should evaluate Vietnam, India, and Indonesia as alternative sourcing destinations for categories currently dependent on Middle East inputs. These countries offer 10-15% cost advantages over China for certain categories (textiles, chemicals, plastics) and bypass Hormuz-dependent supply chains entirely. Compliance consideration: Verify supplier certifications and tariff classifications (HS codes) for alternative sourcing to avoid unexpected duties. The window to lock in alternative supplier contracts closes by June 2026 before Q3 peak season inventory commitments.",[53,56,59,62,65,68,71],{"title":54,"answer":55,"author":5,"avatar":5,"time":5},"What supply chain resilience measures should sellers implement immediately?","Diversify supplier networks across Vietnam, India, Indonesia, and non-OPEC producers to reduce Hormuz-dependent supply chain exposure. Pre-position 30-45 days of inventory in regional fulfillment centers (US, EU, Asia) to bypass air freight during peak demand. The news warns that supply chain disruptions in the Middle East may delay shipments of goods sourced from or transiting through the region. Evaluate 3PL providers with multiple routing options and negotiate fuel surcharge caps through Q3 2026. Implement inventory management systems that track fuel costs and adjust reorder points based on shipping method economics. Lock in alternative supplier contracts by June 2026 before Q3 peak season commitments become inflexible.",{"title":57,"answer":58,"author":5,"avatar":5,"time":5},"Which product categories are most affected by rising shipping costs from the oil supply crisis?","Time-sensitive, high-value categories face the steepest margin compression: electronics, fashion, perishables, and beauty products relying on air freight. Lower-margin categories (bulk goods, heavy items) benefit from ocean freight alternatives. Sellers in petrochemical-dependent categories (plastics, textiles, chemicals) face dual pressure: rising shipping costs plus potential input cost increases. The news indicates supply chain disruptions in the Middle East may delay shipments of goods sourced from or transiting through the region, making alternative sourcing (Vietnam, India) strategically valuable for these categories.",{"title":60,"answer":61,"author":5,"avatar":5,"time":5},"How much will shipping costs increase for cross-border e-commerce sellers due to the Hormuz closure?","Air freight costs are rising 12-15% due to elevated fuel surcharges, while ocean freight increases 8-10% through Q3 2026. A seller shipping 1,000 units monthly via air freight faces cost increases of $1,200-1,600, directly compressing profit margins. The news reports OPEC crude output fell to 18.98 million bpd in April (down 1.73 million bpd), driving oil prices to $101.70/barrel. These elevated prices persist through peak summer demand (June-August), making this a critical 90-day window for sellers to adjust pricing strategies or shift to ocean freight alternatives.",{"title":63,"answer":64,"author":5,"avatar":5,"time":5},"How should sellers adjust pricing strategies to maintain margins during the oil supply crisis?","Implement dynamic pricing that reflects real-time fuel surcharge costs, typically 8-15% above baseline rates for air freight. Shift time-sensitive products to ocean freight alternatives where possible, reducing costs by 4-7% versus air freight. The news reports crude oil prices at $101.70/barrel with sustained volatility through summer demand peaks. Sellers should increase prices 5-8% on high-margin categories (electronics, fashion) while absorbing costs on competitive categories (bulk goods). Consider offering slower shipping options at lower prices to shift demand away from expensive air freight. Monitor OPEC demand forecasts monthly; prices may decline in Q4 2026 if geopolitical tensions ease.",{"title":66,"answer":67,"author":5,"avatar":5,"time":5},"What competitive advantages do large sellers have over SMBs during this shipping cost crisis?","Large sellers with diversified supplier networks, pre-positioned regional inventory, and flexible pricing strategies can absorb 5-8% margin compression more effectively than SMBs. Sellers with fulfillment centers in US, EU, and Asia can bypass air freight entirely, gaining significant cost advantages. The news indicates sellers with flexible pricing strategies and diversified supplier networks may better absorb cost pressures. SMBs with single-source suppliers and fixed pricing face margin compression of 5-8%, making them vulnerable to competitive pressure. Large sellers can also negotiate volume discounts with 3PL providers and lock in fuel surcharge caps through long-term contracts.",{"title":69,"answer":70,"author":5,"avatar":5,"time":5},"How long will elevated shipping costs persist due to the Hormuz crisis?","OPEC projects demand growth rebound in 2027 (1.54 million bpd, up from 1.34 million bpd), suggesting expectations of geopolitical stabilization by Q4 2026. However, the IEA warns increased price volatility is likely as peak summer demand approaches, indicating sustained elevated costs through August 2026 minimum. The news reports 14+ million bpd shut down due to Hormuz closure, with inventory losses continuing at 4 million bpd equivalent. Sellers should plan for elevated costs through Q3 2026, with potential relief in Q4 if geopolitical tensions ease. Monitor crude oil price trends weekly; prices above $100/barrel maintain current surcharge levels.",{"title":72,"answer":73,"author":5,"avatar":5,"time":5},"Should sellers shift to alternative sourcing countries to avoid Hormuz-dependent supply chains?","Yes, Vietnam, India, and Indonesia offer 10-15% cost advantages for textiles, chemicals, and plastics while bypassing Hormuz-dependent logistics entirely. The timing window is critical: lock in alternative supplier contracts by June 2026 before Q3 peak season inventory commitments. The news reports global oil inventories are depleting at record pace (250 million barrel losses in March-April alone), indicating sustained supply constraints through summer. Verify supplier certifications and HS codes for alternative sourcing to avoid unexpected tariff duties. Large sellers with diversified networks can absorb cost pressures; SMBs should prioritize this shift immediately.",[75,80,84,88,92,96,100,104,107,111,115,119,123,127,131,134,138,143,147,151,155,159,163,167,171,175,179,183,187,191,195,198,203,207,211,215,219,223,227,231,234,238,242,246,249,252,255,259,263,267,271,275,278,282,286,289,292,295,299,302,306,310,314,318,321],{"id":76,"title":77,"source":78,"logo":5,"time":79},896176,"OPEC slashes 2026 oil demand growth forecast amid ongoing Iran war","https://www.investing.com/news/commodities-news/opec-slashes-2026-oil-demand-growth-forecast-amid-ongoing-iran-war-4684416","2D AGO",{"id":81,"title":82,"source":83,"logo":36,"time":79},898674,"OPEC cuts 2026 global oil demand growth forecast","https://www.arabnews.com/node/2643496/business-economy",{"id":85,"title":86,"source":87,"logo":32,"time":79},896175,"Saudi Oil Output Plunges 42% To Lowest Since 1990 Amid Iran War","https://www.gurufocus.com/news/8855133/saudi-oil-output-plunges-42-to-lowest-since-1990-amid-iran-war",{"id":89,"title":90,"source":91,"logo":5,"time":79},898675,"Saudi Arabia informs OPEC of a drop in its oil production to the lowest level since 1990","https://www.arabictrader.com/en/news/commodities/217100/saudi-arabia-informs-opec-of-a-drop-in-its-oil-production-to-the-lowest-level-since-1990",{"id":93,"title":94,"source":95,"logo":45,"time":79},896174,"OPEC slashes its oil demand forecast as Hormuz blockade hammers output","https://qz.com/opec-oil-demand-forecast-hormuz-blockade-output-051326",{"id":97,"title":98,"source":99,"logo":49,"time":79},898676,"OPEC countries cut output as demand slows due to Hormuz blockade","https://www.msn.com/en-us/money/markets/opec-countries-cut-output-as-demand-slows-due-to-hormuz-blockade/ar-AA237ajn",{"id":101,"title":102,"source":103,"logo":19,"time":79},896173,"OPEC slashes 2026 oil demand growth forecast on OECD weakness","https://invezz.com/au/news/2026/05/13/opec-slashes-2026-oil-demand-growth-forecast-on-oecd-weakness/",{"id":105,"title":102,"source":106,"logo":19,"time":79},898677,"https://invezz.com/news/2026/05/13/opec-slashes-2026-oil-demand-growth-forecast-on-oecd-weakness/",{"id":108,"title":109,"source":110,"logo":5,"time":79},898670,"Saudi Arabia's Oil Production Hits Lowest Level Since 1990 Amid Iran Conflict","https://www.binance.com/en-IN/square/post/322700515511265",{"id":112,"title":113,"source":114,"logo":5,"time":79},896179,"IEA Warns OPEC+ Production Collapse Is Deepening Global Oil Crisis","https://easternherald.com/2026/05/13/iea-opec-output-below-target-hormuz-crisis/",{"id":116,"title":117,"source":118,"logo":26,"time":79},898671,"Oil turns lower but still above $100 as OPEC cuts 2026 global demand forecast (USO:NYSEARCA)","https://seekingalpha.com/news/4592597-oil-turns-lower-but-still-above-100-as-opec-cuts-2026-global-demand-forecast",{"id":120,"title":121,"source":122,"logo":47,"time":79},896178,"OPEC reduces oil demand forecast for 2026, but bets on global market recovery in 2027","https://en.clickpetroleoegas.com.br/opec-reduces-oil-demand-forecast-for-2026-but-bets-on-global-market-recovery-in-2027-comunikeila/",{"id":124,"title":125,"source":126,"logo":39,"time":79},898672,"Hormuz closure drives OPEC to slash demand outlook as OPEC+ output falls 1.74 million bpd","https://investinglive.com/commodities/hormuz-closure-drives-opec-to-slash-demand-outlook-as-opec-output-falls-174-million-bpd-20260513/",{"id":128,"title":129,"source":130,"logo":43,"time":79},896177,"OPEC holds 2026 oil demand forecast amid Iran war-driven output slump","https://www.turkiyetoday.com/business/opec-holds-2026-oil-demand-forecast-amid-iran-war-driven-output-slump-3219896",{"id":132,"title":82,"source":133,"logo":28,"time":79},898673,"https://www.arabnews.pk/node/2643496/business-economy",{"id":135,"title":136,"source":137,"logo":10,"time":79},896172,"Oil Production Among OPEC Members Has Dropped More Than 30% Since Iran War Began","https://www.ibtimes.com/oil-production-among-opec-members-has-dropped-more-30-since-iran-war-began-3802735",{"id":139,"title":140,"source":141,"logo":5,"time":142},896171,"Hormuz shock forces OPEC to lower demand forecast, April crude oil production plunges by 1.73 million barrels per day","https://www.bitget.com/news/detail/12560605410661","3D AGO",{"id":144,"title":145,"source":146,"logo":14,"time":79},896170,"OPEC oil output falls to multi-decade low in April due to Hormuz disruptions","https://cryptobriefing.com/opec-output-multi-decade-low-hormuz/",{"id":148,"title":149,"source":150,"logo":34,"time":79},897626,"OPEC Trims 2026 Oil Demand Growth Outlook as Geopolitical Risks Persist","https://www.tipranks.com/news/commodities/opec-trims-2026-oil-demand-growth-outlook-as-geopolitical-risks-persist",{"id":152,"title":153,"source":154,"logo":31,"time":79},897627,"Saudi Arabia Slashes Oil Production, OPEC Faces Historic Crisis","https://easternherald.com/2026/05/13/saudi-arabia-oil-output-opec-middle-east-crisis-uae-exit/",{"id":156,"title":157,"source":158,"logo":18,"time":79},897628,"OPEC lowers 2026 global oil demand growth forecast","https://english.news.cn/20260514/d41f7b9218274a18aa44c4f313e7d2ef/c.html",{"id":160,"title":161,"source":162,"logo":46,"time":79},897629,"Nymex Overview : Oil Lower After OPEC Cuts 2026 Demand Forecast -- OPIS","https://www.marketscreener.com/news/nymex-overview-oil-lower-after-opec-cuts-2026-demand-forecast-opis-ce7f5bdcdd80f226",{"id":164,"title":165,"source":166,"logo":5,"time":79},897624,"OPEC Cuts Oil-Demand Forecast as Hormuz Shock Pushes Output Lower","https://www.moomoo.com/news/post/69926089/opec-cuts-oil-demand-forecast-as-hormuz-shock-pushes-output",{"id":168,"title":169,"source":170,"logo":5,"time":79},897625,"OPEC Trims 2026 Global Oil Demand Growth Forecast Amid Geopolitical Shifts","https://menafn.com/1111111708/OPEC-Trims-2026-Global-Oil-Demand-Growth-Forecast-Amid-Geopolitical-Shifts",{"id":172,"title":173,"source":174,"logo":22,"time":142},896187,"OPEC output slumps by 830,000 bpd in April, lowest since 2000","https://energynews.pro/en/opec-output-slumps-by-830000-bpd-in-april-lowest-since-2000",{"id":176,"title":177,"source":178,"logo":41,"time":142},896186,"Iraq’s oil production continues to decline in April","https://www.iraqinews.com/iraq/iraqs-oil-production-continues-to-decline-in-april/",{"id":180,"title":181,"source":182,"logo":25,"time":79},897630,"Nymex Overview: Oil Lower After OPEC Cuts 2026 Demand Forecast -- OPIS","https://news.futunn.com/en/post/73039917/nymex-overview-oil-lower-after-opec-cuts-2026-demand-forecast",{"id":184,"title":185,"source":186,"logo":5,"time":142},896185,"Opec production drops in April as Hormuz crisis hits exports: Reuters survey","https://www.tradearabia.com/News/462396/Opec-production-drops-in-April-as-Hormuz-crisis-hits-exports--Reuters-survey",{"id":188,"title":189,"source":190,"logo":30,"time":79},897631,"OPEC Cuts 2026 Global Oil Demand Forecast Over Iran War","https://businesspost.ng/economy/opec-cuts-2026-global-oil-demand-forecast-over-iran-war/",{"id":192,"title":193,"source":194,"logo":24,"time":79},896184,"OPEC Adjusts Oil Demand Forecast Amid Middle East Conflict","https://www.devdiscourse.com/article/headlines/3906877-opec-adjusts-oil-demand-forecast-amid-middle-east-conflict",{"id":196,"title":98,"source":197,"logo":42,"time":79},897632,"https://www.washingtonexaminer.com/policy/energy/4566346/opec-countries-cut-output-demand-slow-hormuz-blockade/",{"id":199,"title":200,"source":201,"logo":34,"time":202},896189,"OPEC Output Falls to 26-Year Low as Geopolitical Risks Support Oil Prices","https://www.tipranks.com/news/commodities/opec-output-falls-to-26-year-low-as-geopolitical-risks-support-oil-prices","4D AGO",{"id":204,"title":205,"source":206,"logo":29,"time":202},896188,"OPEC oil output hits new low in April on Hormuz export disruption, Reuters survey finds","https://dunyanews.tv/en/Business/951071-opec-oil-output-hits-new-low-in-april-on-hormuz-export-disruption,-reuters-survey-finds",{"id":208,"title":209,"source":210,"logo":11,"time":79},896183,"OPEC lowers its forecast for global oil demand growth in 2026","https://maaal.com/en/news/details/opec-lowers-its-forecast/",{"id":212,"title":213,"source":214,"logo":21,"time":79},896182,"OPEC cuts oil demand forecast for 2026 as Middle East conflict continues","https://www.sharecast.com/news/international-economic/opec-cuts-oil-demand-forecast-for-2026-as-middle-east-conflict-continues--22480970.html",{"id":216,"title":217,"source":218,"logo":5,"time":79},896181,"Saudis Tell OPEC That Oil Output Sank Again to Lowest Since 1990","https://energynewsbeat.co/crude-oil/saudis-tell-opec-that-oil-output-sank-again-to-lowest-since-1990/",{"id":220,"title":221,"source":222,"logo":15,"time":79},896180,"OPEC reduces 2026 global oil demand growth forecast by 200,000 barrels as April production falls to 33.19 million","https://economymiddleeast.com/news/opec-reduces-2026-global-oil-demand-growth-forecast-by-200000-barrels-as-april-production-falls-to-33-19-million/",{"id":224,"title":225,"source":226,"logo":5,"time":79},897637,"OPEC Cuts Oil Demand Forecast as Hormuz Shock Pushes Output Lower -- Update","https://www.moomoo.com/news/post/69928458/opec-cuts-oil-demand-forecast-as-hormuz-shock-pushes-output",{"id":228,"title":229,"source":230,"logo":16,"time":79},897638,"OPEC slashes 2026 global oil demand growth forecast | Daily Sabah","https://www.dailysabah.com/business/economy/opec-slashes-2026-global-oil-demand-growth-forecast",{"id":232,"title":82,"source":233,"logo":48,"time":79},897639,"https://english.alarabiya.net/business/energy/2026/05/13/opec-cuts-2026-global-oil-demand-growth-forecast-",{"id":235,"title":236,"source":237,"logo":37,"time":79},897633,"Saudi Arabia's crude oil production has reportedly fallen to a 36-year low, marking the worst record since the Gulf War.","https://news.futunn.com/en/post/73036175/saudi-arabia-s-crude-oil-production-has-reportedly-fallen-to",{"id":239,"title":240,"source":241,"logo":5,"time":79},897634,"OPEC reveals a sharp decline in oil production due to the Iran 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War","https://oilprice.com/Latest-Energy-News/World-News/Reuters-Survey-Shows-OPEC-Oil-Output-At-26-Year-Low-Amid-Iran-War.html",{"id":287,"title":82,"source":288,"logo":40,"time":79},896313,"https://www.reuters.com/business/energy/opec-lowers-2026-global-oil-demand-growth-forecast-2026-05-13/",{"id":290,"title":77,"source":291,"logo":5,"time":79},896165,"https://ng.investing.com/news/commodities-news/opec-slashes-2026-oil-demand-growth-forecast-amid-ongoing-iran-war-2505635",{"id":293,"title":157,"source":294,"logo":5,"time":79},896164,"https://www.bnnbloomberg.ca/business/2026/05/13/opec-lowers-2026-global-oil-demand-growth-forecast/",{"id":296,"title":297,"source":298,"logo":44,"time":79},896163,"OPEC lowers 2026 oil demand growth 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growth at 1.5M bpd","https://breakingthenews.net/Article/OPEC-sees-2027-world-oil-demand-growth-at-1.5M-bpd/66286744",{"id":319,"title":193,"source":320,"logo":33,"time":79},896161,"https://www.devdiscourse.com/article/headlines/3906843-opec-adjusts-oil-demand-forecast-amid-middle-east-conflict",{"id":322,"title":82,"source":323,"logo":5,"time":79},896160,"https://www.zawya.com/en/business/commodities/opec-cuts-2026-global-oil-demand-growth-forecast-w16qf2yp","#dfea4eff","#dfea4e4d",1778927479110]