Middle East crisis live: IEA chief says Iran war energy crunch worse than 1970s oil crises and Ukraine war combined

  • Posted on March 23, 2026
  • By The Guardian
  • 6 Views
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 continue reading...

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The Guardian

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