https://cdnph.upi.com/ph/st/th/4391786536118/2026/upi_com/f594290d529f6a20d9d15b9ca461075b/v1.5/IEA-warns-of-sharp-drop-in-global-oil-stocks-due-to-Hormuz-Strait-closure.jpg" /> The International Energy Agency warned of sharp drop in oil stocks amid renewed disruption to exports from Gulf producers with "lower volumes" at sea.