The world will face a âstaggeringâ excess of oil by the end of the decade, the International Energy Agency has said, as producers continue to plough money into new projects despite the shift to net zero. The IEA said an âunprecedentedâ glut of oil by 2030 would disrupt attempts to manage the market by Opec+, the Middle East-dominated oil cartel. It would also create huge challenges for the booming


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