Iran War Energy Crisis Worse Than 1970s Shocks and Ukraine Fallout: IEA Chief

IEA's Fatih Birol warns the global energy crisis caused by the Iran war is equivalent to the combined impact of the 1970s oil shocks and Russia's Ukraine invasion, says world leaders initially underestimated its effects.
Iran War Energy Crisis Equal to 70s Twin Oil Shocks and Ukraine Invasion Fallout, Says IEA Chief
The head of the International Energy Agency, Fatih Birol, has warned that the global energy crisis caused by the war in Iran is equivalent to the combined force of the twin oil shocks of the 1970s and the fallout from Russia's invasion of Ukraine. Birol says the effects on energy markets from the Iran bombings and closure of the Strait of Hormuz were not initially understood by world leaders.
Trump Accused of 'Sending a Message of Weakness' with Iran Attack
Former CIA chief Leon Panetta has spoken out about Donald Trump's attack on Iran, telling the Guardian the US president is
Source: The Guardian


