Oil prices fall amid demand concerns and Middle East supply disruptions
Compare the reporting
Discrepancy in the status of the Strait of Hormuz blockade.
Open the listed sources to review each publisher’s original wording.
Story essentials
International Energy Agency (IEA)
Middle East / Global
August 13, 2026
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
About this article
COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 18/13/2026, 3:13:50 PM
Oil prices fell as investors weighed waning global demand against supply disruptions. The IEA reported that global oil demand is expected to fall further due to the closure of the Strait of Hormuz. Security concerns persist in the Middle East following attacks on vessels and a major oil spill near Oman.
Read next
Prioritized by shared people, places, and events.
Nvidia CEO Jensen Huang scandal and potential espionage concerns
Nvidia CEO Jensen Huang admitted to an affair, sparking internal and FBI investigations. Concerns exist regarding potential illegal access to US technology by China through this connection.