
IEA Warns Iran War Energy Crisis Could Exceed 1970s Shock; EU Urges Preparedness
The European Commission is urging EU member states to prepare for winter as energy experts, including the IEA boss, warn that the Iran crisis's impact on the energy market could lead to a much costlier heating season, potentially surpassing the 1970s energy shocks, with higher gas and electricity prices expected.
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Iran war energy crisis worse than the 1970s, warns IEA boss - The Times
Iran war energy crisis worse than the 1970s, warns IEA boss The Times
Read full article →Experts: Iran war may lead to much costlier heating season next winter
While heating season is coming to an end for this year, meaning a lightening of the load so far as most households' bills go, thanks to the situation in the Middle East, next year's season may be costlier still, some experts say.
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