Oil loss reaches 14 million barrels per day

TL;DR

A loss of 14 million barrels of oil per day has occurred due to the war in Iran and the blockade of the Strait of Hormuz.
This daily loss is higher than all previous energy crises in history.
The lost volume represents approximately 13.5% of the global average consumption estimated for this year.
The IEA is undertaking diplomatic efforts to encourage other producers to increase their output.
Measures to reduce consumption, such as boosting public transport, lowering speed limits, and facilitating remote work, are being recommended.
The IEA warns that delayed reactions will lead to more drastic and painful measures.
Some Asian countries are already implementing energy-saving measures, while a similar awareness seems lacking in Europe.
The IEA emphasizes that the oil and gas market is a single entity, and the crisis is affecting all countries, despite Asia's greater dependence on Persian Gulf supplies.

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