IEA Chief Warns of Unprecedented Energy Shock as Hormuz Blockade Cuts Global Supply and Threatens Rationing
The head of the International Energy Agency, Fatih Birol, has warned, in a conversation with CNBC, that the disruption triggered by the Iran conflict has evolved into a systemic energy shock, with supply losses on a scale rarely seen and spillovers now spreading across fuels, regions, and industries. “We are facing the biggest energy security […]
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