The International Energy Agency chief has warned that the world is facing the worst energy crisis and that the global economy is facing a major threat as a consequence of the ongoing Middle East war.
Speaking at a media event at the National Press Club of Australia on Monday, IEA Executive Director Fatih Birol said the situation is worse than the two oil crises in the 1970s, and the gas market crash following Russia's invasion of Ukraine in 2022.
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by Joji Xavier
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