The International Energy Agency has significantly revised its projections for global oil demand, citing the ongoing conflict in the Middle East and the effective closure of the Strait of Hormuz.
The International Energy Agency has significantly revised its projections for global oil demand, citing the ongoing conflict in the Middle East and the effective closure of the Strait of Hormuz.
The current global energy crisis, ignited by the ongoing conflict involving Iran, is proving to be more severe than the oil shocks experienced in the 1970s and the gas shortage






