Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns market veteran Jeff Currie

Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.

# Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns market veteran Jeff Currie Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/25/oil-prices-iran-war-carlyle-currie.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*