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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.

23 Mar, 16:50 — 24 Mar, 07:30
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