
IEA Warns of Severe Damage to Middle East Energy Assets and Global Economic Impact
The IEA chief has warned that over 40 Middle East energy assets have been severely damaged due to military actions, requiring significant time to repair. This comes as a new phase of the Iran war targets oil and gas infrastructure, threatening long-term economic damage to businesses and consumers worldwide.
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Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
By Patricia Cohen
Read full article →IEA chief warns of ‘very severe’ global energy crisis
IEA may release more oil as the Iran war hits supply, with chief Fatih Birol warning of a severe global energy crisis.
Read full article →More than 40 Middle East energy assets ‘severely damaged,’ IEA chief says
The IEA’s Fatih Birol warned that damage to energy infrastructure across the Middle East would take some time to repair.
Read full article →

