IEA head warns that Iran war energy crisis exceeds 1970s oil shocks and Ukraine war combined
International Energy Agency Executive Director Fatih Birol said the energy crisis from the US-Israel war on Iran is worse than the 1970s oil shocks and Ukraine war fallout combined. He stated global oil supplies dropped by 11 million barrels per day due to Strait of Hormuz closure and energy facility attacks. The IEA announced the release of 400 million barrels from emergency stockpiles and proposed energy conservation measures.
- The Guardianfirst
- Al Jazeera+2.0 h
- Reason+59.9 h
Lightly covered so far
Too few outlets to map a left-right split. Here is each take as it stands.
“World in energy crisis worse than 1970s' oil shocks combined, IEA head says”
“Iran war energy crisis equal to 70s twin oil shocks and fallout from Ukraine war, says IEA chief”
“The Iran War Has Already Hurt Oil Production More Than the '70s Energy Crisis Did”