[EIA Short-Term Energy Outlook Report: Middle East Supply Disruption Expected to Last Until End of 2026] Odaily Planet Daily News: The EIA Short-Term Energy Outlook Report indicates that the Middle East supply disruption is expected to persist until the end of 2026. The closure of the Strait of Hormuz has led to a reduction in Middle East oil production, which is projected to increase to 9.1 million barrels per day in April. The price spread between Brent crude oil and WTI crude oil is expected to peak at $15 per barrel in April, coinciding with the maximum disruption in Middle East oil supply. U.S. retail gasoline prices in 2026 are anticipated to reach their highest average levels since 2022. Global oil demand in 2026 is forecasted to be 104.6 million barrels per day, lower than the previous estimate of 105.2 million barrels per day. The demand for 2027 is projected to be 106.2 million barrels per day, down from the earlier forecast of 106.6 million barrels per day. (Jin10)