Home / PoliticsPoliticsJapan TimesPoliticsJapan Times·Jun 18, 2026·1 min readWave of Persian Gulf oil set to leave Asian refiners swampedThe situation is a stark reversal from the early stages of the Iran war, when prices were spiking and the oil market was warning of dramatic shortages.View original source — Japan Times ↗ShareCopy linkShare on XShare on FacebookRelated storiesPoliticsThe GuardianPoliticsJun 20, 2026 · 1 minPetrol prices in Australia are now lower than before the Iran war began. Is the oil crisis over and what happens next?The GuardianBusinessMarketWatchBusinessJun 18, 2026 · 1 minThe Iran oil shock taught traders these key lessons about demand and ChinaMarketWatchPoliticsCNBCPoliticsJun 17, 2026 · 1 minFrom supply shock to oil glut: IEA flags scale of demand destruction caused by Iran warCNBCPoliticsBloombergPoliticsJun 10, 2026 · 1 minPhysical Oil Markets Are Floundering Despite 100 Days of WarBloomberg
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