World losing more barrels of oil each day than in two 1970s crises combined, IEA chief says – video
Dr Fatih Birol, the executive director of the International Energy Agency, says the world's energy situation after the US and Israeli-led attack on Iran is now ‘very serious’. He told the National Press Club the energy crisis of today was more problematic than the combined effects of the two oil crises of 1973 and 1979 and the gas crisis sparked by Russia’s invasion of Ukraine. ‘So the situation is, if we want to put in a context – this crisis as it stands now, two oil crises and one gas crash put all together,’ he saidFollow our Australia news live blog for latest updates Continue reading...
Dr Fatih Birol, the executive director of the International Energy Agency, says the world's energy situation after the US and Israeli-led attack on Iran is now ‘very serious’. He told the National Press Club the energy crisis of today was more problematic than the combined effects of the two oil crises of 1973 and 1979 and the gas crisis sparked by Russia’s invasion of Ukraine. ‘So the situation is, if we want to put in a context – this crisis as it stands now, two oil crises and one gas crash put all together,’ he said
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