The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’

Without a surge in new supply and with stockpiles running low, top oil analysts have warned that global markets are about to head off a cliff.

https://fortune.com/2026/05/03/oil-market-outlook-nightmare-scenarios-crude-inventories-tank-bottoms-iran-tank-tops/