Asian Stocks Slide as IEA Warns of Decades-Worst Energy Crisis Amid Iran War Threats
Asian stock markets have plunged as US and Iran threats escalate, with the International Energy Agency chief warning that the Iran war could lead to the world's worst energy crisis in decades, surpassing the 1970s oil crises and the Ukraine war combined, while the IRGC threatens to completely close the Strait of Hormuz.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (67/100)Sources
Asia shares skid, yields rise as Gulf war escalates - Reuters
Asia shares skid, yields rise as Gulf war escalates Reuters
Read full article →Asia stocks slide as US and Iran threaten to intensify war
The International Energy Agency chief said the war could lead to the world's worst energy crisis in decades.
Read full article →Middle East crisis live: IEA chief says Iran war energy crunch worse than 1970s oil crises and Ukraine war combined
Fatih Birol says world is losing 11m barrels of oil per day, more than the 1973 and 1979 energy shocks combined; IRGC threatens to completely close strait of Hormuz if Trump acts on infrastructure threats Iran vows to destroy Middle East water and energy facilities if US attacks power plants Hello and welcome to our live coverage of the US-Israel war on Iran, the broader regional conflict and the impact on the world economy. The head of the International Energy Agency, Fatih Birol has said ...
By Adam Fulton
Read full article →Asian stock markets plunge amid Trump’s ultimatum on Iran
Key indexes in Japan, South Korea and Hong Kong tumble as Iran threatens attacks on energy infrastructure across region.
Read full article →Coverage Timeline
Related Stories
Bacolod Transport Groups Strike Over Unfair Aid and Fuel Prices
just now
Philippines Finalizes Crisis Committee for Food and Fuel Supply
just now
Support for Anti-Dynasty Law Rises in Philippines Amid Corruption Concerns
just now
Fuel Prices Surge Amid Mideast Tensions, Diesel Exceeds Gasoline Costs
just now