IEA Chief: World Facing Unprecedented Energy Shock; At Least 40 Energy Assets 'Severely' Damaged
Edited By WION Video Desk
Published: Mar 23, 2026, 17:00 IST | Updated: Mar 23, 2026, 17:00 IST
IEA Chief Fatih Birol has warned that the global economy faces an unprecedented energy shock, with over 40 energy assets across the Middle East severely damaged by ongoing conflict, surpassing the severity of 1970s oil crises. Combined with closures in the Strait of Hormuz, this crisis poses a "major threat" to global supply stability, withno country immune.
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