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From: Iran USA Conflict Live Blog / Updates

IEA says world oil market is returning to surplus as Gulf exports recover

The International Energy Agency (IEA) says the world oil market is returning to surplus as exports from the Gulf recover.

The finding was reported on 13 November by Dawn's live blog and by Drop Site.

Neither report gives the IEA's figures for supply or demand, or the size of the expected surplus. The claim has not been independently checked.

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