The Iran war is causing the largest disruption to oil markets in history, IEA says

Negar / Middle East Images / AFP via Getty Images

• The IEA says the Iran war has resulted in the biggest-ever disruption to oil markets.
• The closure of the Strait of Hormuz has sent oil prices soaring.
• The report follows Wednesday's news that the IEA would release 400 million barrels of oil from reserves.

The Iran war has produced the largest disruption to oil markets in history, the International Energy Agency said on Thursday.

"The war in the Middle...