# Toril Bosoni

Type: Person

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/toril-bosoni
Canonical HTML page: https://getsupplybrief.com/entity/toril-bosoni

## Timeline

- **2026-07-10**: IEA releases oil market report forecasting 1 mb/d demand decline — The agency projects global oil demand to drop by 1 million barrels per day year-on-year in 2026, the first decline since 2020, heavily skewed by product and region.
- **2026-07-10**: Renewed attacks on Gulf shipping threaten recovery — New attacks on commercial vessels slow Strait of Hormuz traffic again, casting doubt on the IEA’s assumption of a ceasefire and gradual tanker flow resumption.
- **2026**: Iran war escalates and Strait of Hormuz disrupted — Hostilities in the Middle East lead to the de facto closure of the Strait of Hormuz, choking off tanker traffic and cutting Persian Gulf oil exports.
- **2020**: Covid-19 drives last annual oil demand decline — Global oil demand fell by 8.6 mb/d (8.6%) as lockdowns crushed transport and economic activity, marking the most recent demand contraction before 2026.

## Recent coverage (1 stories)

### 1M B/D Oil Demand Drop Threatens Global Supply Chains as Hormuz Shuts
2026-07-10 09:28:15 · Sentiment: Strongly negative · Impact: 8/10 · Sources: 2

The IEA warns of a 1 million barrel per day decline in world oil demand in 2026 due to the Iran war and Strait of Hormuz closure, upending fuel logistics. This historic disruption threatens freight costs, inventory planning, and just-in-time supply chains worldwide.
Full story: https://getsupplybrief.com/story/supply-chain-oil-demand-drop-1m-barrels-2026

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