Svmuu News: The EIA Short-Term Energy Outlook Report indicates that Middle East supply disruptions are expected to persist until the end of 2026. The reduction in Middle East oil production due to the closure of the Strait of Hormuz is projected to increase to 9.1 million barrels per day in April. The price spread between Brent crude and WTI crude is expected to peak at $15 per barrel in April, when Middle East crude supply disruptions will be at their maximum. U.S. retail gasoline prices are forecast to average their highest level since 2022 in 2026. Global oil demand for 2026 is projected at 104.6 million barrels per day, lower than the previous forecast of 105.2 million barrels per day; demand for 2027 is projected at 106.2 million barrels per day, down from the previous forecast of 106.6 million barrels per day. (Jin10)