War in Iran causes biggest energy crisis in history: Birol

Fatih Birol, the head of the International Energy Agency (IEA)

The conflict between Iran and the US and Israel is creating the worst energy crisis ever faced by the world, the head of the International Energy Agency (IEA) Fatih Birol said.

 

"This is indeed the biggest crisis in history," Birol told France Inter radio in an interview broadcast.

 

"The ⁠crisis is already huge, if you combine the effects of the petrol crisis and the gas crisis with Russia," he added.

 

These warnings come after the war in the Middle East disrupted shipping through the Strait of Hormuz, through which about a fifth of the world’s oil and liquefied natural gas supplies pass, in addition to the effects of the Russian war with Ukraine, which caused a disruption in Russian gas supplies to Europe.

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