Oil prices fall as investors weigh falling demand against Middle East tensions

• The International Energy Agency said global oil demand is set to fall further than previously expected this year.
• Oman’s coastline is reportedly being affected by a massive oil spill caused by a leaking tanker.
• Deadly attacks on vessels in the Gulf of Oman and the Red Sea have pushed worries over supply disruptions up another notch.

https://www.cnbc.com/2026/08/13/oil-spill-near-oman-worries-over-supply-.html