The Age
·general
·2 days ago
Iran holds the trump card in this energy crisis
Iran has the potential to disrupt global oil supplies, threatening to increase daily losses to 15 million barrels amid escalating tensions. Fatih Birol of the International Energy Agency highlighted the scope of the crisis, which could lead to chaos in container shipping and significantly impact energy prices. Current Brent crude prices have soared to records amid market instability.
Summary by Glance · The Age
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