Middle East oil price war heralds post-conflict glut
The Daily Star (Economy) · ৯ নভে, ২০২৬
Middle East oil producers are slashing prices to attract buyers as a sharp recovery in flows through the Strait of Hormuz tips the global crude market toward oversupply – a preview of the crowded, hyper-competitive oil market that the Iran war may leave in its wake.
পুরো খবরটি পড়ুনThe Daily Star (Economy)-এর ওয়েবসাইটে খুলবেমূল কথা
The Daily Star (Economy)-এর প্রতিবেদন থেকে হুবহু উদ্ধৃত
- Global benchmark Brent crude tumbled more than 17 percent last week to around $97 a barrel, its steepest weekly decline since the 2020 pandemic.
- The slump followed the electoral rout of US President Donald Trump’s Republican Party in the US midterm elections, which raised expectations that Washington could swiftly de-escalate the war that has upended energy markets since February 28.
- JPMorgan estimates that global oil consumption has fallen by around 3.3 million bpd since the start of the war.
বিসিএস ও ভর্তি পরীক্ষা তথ্য ছক (Exam Fact Sheet)
হাই-ইল্ড ডেটাপ্রিলিমিনারি নৈর্ব্যক্তিক ও লিখিত রচনায় কোটেশনযোগ্য সুনির্দিষ্ট পরিসংখ্যান
| ধরন | তথ্য | প্রতিবেদনের যে বাক্য থেকে নেওয়া |
|---|---|---|
Figure | 17 percent | “Global benchmark Brent crude tumbled more than 17 percent last week to around $97 a barrel, its steepest weekly decline since the 2020 pandemic.” |
Date | February 28 | “The slump followed the electoral rout of US President Donald Trump’s Republican Party in the US midterm elections, which raised expectations that Washington could swiftly de-escalate the war that has upended energy markets since February 28.” |
Figure | 10.3 million | “Crude exports through the strait averaged 10.3 million barrels per day in October, up from virtually zero in the first month of the war, excluding Iranian shipments.” |
Figure | 13.5 million | “That compares with a pre-war average of 13.5 million bpd, according to Kpler data.” |
শব্দভাণ্ডার ও বাস্তব প্রয়োগ ছক (Vocabulary Matrix)
5টি মূল শব্দএই প্রতিবেদন থেকে বাছাই করা শব্দ: অর্থ, উচ্চারণ ও প্রতিবেদনে ব্যবহার
Capable of competing successfully
“Middle East oil producers are slashing prices to attract buyers as a sharp recovery in flows through the Strait of Hormuz tips the global crude market toward oversupply – a preview of the crowded, hyper-competitive oil market that the Iran war may leave in its wake.”
To increase (something) in extent or intensity; to intensify or step up.
“The slump followed the electoral rout of US President Donald Trump’s Republican Party in the US midterm elections, which raised expectations that Washington could swiftly de-escalate the war that has upended energy markets since February 28.”
The act or state of expecting or looking forward to an event as about to happen.
Synonyms: arithmetic mean, average
“The slump followed the electoral rout of US President Donald Trump’s Republican Party in the US midterm elections, which raised expectations that Washington could swiftly de-escalate the war that has upended energy markets since February 28.”
An excessive supply.
“Middle East oil producers are slashing prices to attract buyers as a sharp recovery in flows through the Strait of Hormuz tips the global crude market toward oversupply – a preview of the crowded, hyper-competitive oil market that the Iran war may leave in its wake.”
A standard by which something is evaluated or measured.
“Global benchmark Brent crude tumbled more than 17 percent last week to around $97 a barrel, its steepest weekly decline since the 2020 pandemic.”
Words chosen from this story. English meanings: Wiktionary (CC BY-SA), via the Free Dictionary API.
IELTS Reading practice
Read the passage, then answer the questions. Every answer is in the passage.
Middle East oil producers are slashing prices to attract buyers as a sharp recovery in flows through the Strait of Hormuz tips the global crude market toward oversupply – a preview of the crowded, hyper-competitive oil market that the Iran war may leave in its wake.
Global benchmark Brent crude tumbled more than 17 percent last week to around $97 a barrel, its steepest weekly decline since the 2020 pandemic.
The slump followed the electoral rout of US President Donald Trump’s Republican Party in the US midterm elections, which raised expectations that Washington could swiftly de-escalate the war that has upended energy markets since February 28.
A part of a report by The Daily Star (Economy).Read the full story
Question 1: Choose the correct answer.
1.Global benchmark Brent crude tumbled more than _____ last week to around $97 a barrel, its steepest weekly decline since the 2020 pandemic.
Question 2: Complete the sentence. Write ONE WORD from the passage.
2.Middle East oil producers are slashing _____ to attract buyers as a sharp recovery in flows through the Strait of Hormuz tips the global crude market toward oversupply – a preview of the crowded, hyper-competitive oil market that the Iran war may leave in its wake.
Writing practice
IELTS Writing Task 2 style · Topic: War & weapons
Do international organisations such as the United Nations do enough to prevent wars? Give your opinion.
Write a short answer of 4–5 sentences (30–250 words). State your opinion clearly, give a reason, and use a fact from this story as an example.
Log in to submit your writing and get feedback.
পাঠোত্তর প্রতিফলন ও সারসংক্ষেপ অনুশীলন (Active Recall)
প্রতিবেদনটি পড়া শেষ করার পর মূল ভাবটি নিজের ভাষায় ২-৩ বাক্যে লিখুন। এটি বিসিএস লিখিত ও ভর্তি পরীক্ষার ফোকাস রাইটিংয়ে আপনার নিজের ভাষায় উত্তর লেখার সক্ষমতা বহু গুণ বাড়িয়ে দেবে।