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Iran War Wipes Out Global Oil Demand Growth This Year

Global oil demand will decline this year for the first time since the 2020 pandemic as a price surge caused by the Middle East conflict wipes out growth, the International Energy Agency said. "The Iran war has thoroughly upended the global outlook for oil consumption," the adviser to major economies said in its monthly report. Surging prices for physical crude and products such as jet fuel, diesel and gasoline are squeezing consumers and taking a toll on demand. Bloomberg's EMEA News Director Will Kennedy joins Stephen Carroll and Caroline Hepker to discuss.

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Tracking the US-Sanctioned Tanker Transiting Hormuz

A US-sanctioned tanker linked to China is making its way through the Strait of Hormuz, testing US President Donald Trump's naval blockade. Rich Starry, a medium-range tanker earlier known as Full Star, was blacklisted by Washington in 2023 for helping Tehran evade energy sanctions. Shipping analyst Navin Kumar and Bloomberg's Tom Mackenzie discuss.

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Iran War Pressures Malaysia's Energy, Investment Outlook

Rising tensions are weighing on investor sentiment toward Malaysia, with energy security and fuel subsidies in focus. The government faces mounting fiscal pressure as oil prices rise, as Malaysia promotes stability to attract investment. Zafrul Aziz, Chairman of the Malaysian Investment Development Authority, spoke with Haslinda Amin on Insight With Haslinda Amin

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