HomeGlobal EconomyGlobal Oil and Gas Markets Going Through 'Big Difficulties' - Says IEA

Global Oil and Gas Markets Going Through ‘Big Difficulties’ – Says IEA

 

Source: Africa Publicity

The International Energy Agency (IEA) says the world is experiencing its biggest energy crisis in history as a result of the Iran war.

According to IEA, disruptions in oil and gas shipments caused by the closure of the Strait of Hormuz were seriously affecting the energy.

Speaking at a conference in Paris, IEA chief, Fatih Birol, says “The oil markets and gas markets are going through big difficulties.”

He said “Our world is facing a major economic and energy challenge.”

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