Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief

AFP AFP
Mar 22, 2026
20 hrs ago

International Energy Agency (IEA) chief Fatih Birol compares the current energy crisis to those of the 1970s and the impact of Russia's 2022 invasion of Ukraine — International Energy Agency (IEA) chief Fatih Birol compares the current energy crisis to those of the 1970s and the impact of Russia's 2022 invasion of Ukraine
JUSTIN TALLIS

International Energy Agency (IEA) chief Fatih Birol compares the current energy crisis to those of the 1970s and the impact of Russia's 2022 invasion of Ukraine
JUSTIN TALLIS

The global economy is under "major threat" from the energy crisis caused by the Middle East war and "no country will be immune" to its effects, International Energy Agency chief Fatih Birol said Monday.

Speaking at the National Press Club in Australia's capital, Birol compared the current energy crisis to those of the 1970s and the impact of Russia's 2022 invasion of Ukraine.

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