EconomyConfronting the ‘largest energy security threat’
International Energy Agency chief Fatih Birol says the world is facing the biggest energy crisis ever. The US-Israel war on Iran has disrupted shipping through the Strait of Hormuz, driven up fuel prices and strained supply chains. Oil stocks are falling quickly, while emergency reserve releases have offered only brief relief. Birol warns unresolved Middle East tensions could seriously harm the global economy and says the energy sector will take time to recover.
AAl Jazeera★★★★★2026-10-12 13:01Original
Confronting the ‘largest energy security threat’
EconomyMAJOR