IEA Director: Oil Market May Enter 'Dangerous Zone' in July to August Odaily Planet Daily News: International Energy Agency Director Birol said on Thursday that the arrival of the peak summer fuel demand, coupled with the lack of new oil exports in the Middle East and the continuous reduction of inventories, may lead to the oil market being in a "danger zone" from July to August, but he did not provide further explanation. Birol stated in his speech that the world was in a state of oil surplus when the oil supply crisis triggered by the Iran War broke out, which helped alleviate the impact, but now inventories are continuously decreasing. (Golden Ten)