International Energy AgencyOil market report. — Paris : International Energy Agency, 202663 p.Sumario: This report provides a comprehensive analysis of global oil markets in the context of severe geopolitical disruptions affecting supply, trade routes and prices. It examines recent developments in oil demand, supply, refining activity, inventories, prices and freight rates worldwide. Special attention is given to the impact of Middle East conflicts and the Strait of Hormuz on market balances and volatility. The document includes short-term forecasts and scenario analyses for 2026. It serves as a reference for understanding current dynamics and risks in international oil markets1. Petróleo. 2. Geopolítica. 3. Energía. 4. Comercio internacional. 5. Volatilidad en los mercados. I. Title.