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
Continue reading...World losing more barrels of oil each day than in two 1970s crises combined, IEA chief says – video
Originally reported by The Guardian
Related Articles
Chinese A.I. Firms Push Beyond Nvidia as DeepSeek Turns to Huawei
Before this week’s U.S.-Chinese summit, Beijing reached a milestone in its quest for technological self-sufficiency.
China Increasingly Views Trump’s America as an Empire in Decline
For decades, many Chinese viewed the United States with a mix of admiration, envy and resentment. President Trump’s vola...
Not so dusty: How tech is changing woodworking
Not so dusty: How tech is changing woodworking36 minutes agoShareSaveAdd as preferred on GoogleChristine RoTechnology Re...
Supreme Court clears way for Alabama Republicans to pursue new voting map
The U.S. Supreme Court cleared the way on Monday for Alabama Republicans to pursue a congressional voting map more favor...