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IMF, World Bank, others warn Middle East war is straining energy supplies
May 29 (Reuters) - The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned on Friday that the war in the Middle East was straining global energy supplies and hitting vulnerable economies hardest.The U.S.-Israel war on Iran has disrupted trade, rattled financial markets and raised concerns over global energy supplies, particularly through the Strait of Hormuz, a key route for oil and gas shipments.
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middleeasteye.net
War in the Middle East 'reshaping' energy investment strategies globally: IEA
The conflict in the Middle East is pushing governments to find new supply routes and turn to domestic resources to brave the world's biggest energy crisis, the International…
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economictimes.indiatimes.com
World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA
The world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The International Energy Agency warns this will…
