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Can someone explain: ‘Worse than 1970s oil shocks’: IEA chief sounds alarm on Middle East crisis?
BusinessI saw this in the news and wanted to understand more about it.
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IEA chief Fatih Birol says the Iran war has triggered an energy shock more severe than past crises, as the agency considers further emergency oil stock releases
The post ‘Worse than 1970s oil shocks’: IEA chief sounds alarm on Middle East crisis appeared first on Gulf Business.
Read more: https://backend.gulfbusiness.com/blog/2026/03/23/middle-east-crisis-worse-than-1970s-oil-shocks-warns-iea-chief/
Source: Gulfbusiness.com (Mar 23, 2026)
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