IEA chief warns the world is in its worst energy crisis yet as winter closes in
Fatih Birol says the crisis, now more than seven months old, has disrupted shipping in the Strait of Hormuz and left the global economy exposed as winter nears.
Fatih Birol says the crisis, now more than seven months old, has disrupted shipping in the Strait of Hormuz and left the global economy exposed as winter nears.
Iran has declared a US assisted oil shuttle involving the UAE a target, vowing to disrupt a route that has kept Gulf energy exports moving through the Strait of Hormuz.
A political deal on Russian diesel underscores US domestic priorities as Ukraine and Europe prepare for a punishing winter of war.