Home / BusinessThe New York TimesBusinessThe New York Times·Jun 7, 2026·1 min readAs Oil Prices Spike, Talk of ‘Demand Destruction’ Sets InThe decades-old term refers to the sustained loss of demand for a commodity, caused by high prices.View original source — The New York Times ↗ShareCopy linkShare on XShare on FacebookMore from BusinessRio TimesBusinessJun 7, 2026 · 1 minChile’s Biggest Retailer Bets on Hard-Discount StoresRio TimesPortugal ResidentBusinessJun 7, 2026 · 1 minAlbufeira nightlife crackdown sparks fears for summer tourismPortugal ResidentStraits TimesBusinessJun 7, 2026 · 1 minUS Supreme Court poised to rule on gun laws and transgender athletesStraits Times
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