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Commodities Buzz: World In Middle Of Major Energy Crisis Says IEA Chief

12 Jul 2022 , 03:26 PM

The world has never witnessed a major energy crisis like the current one in terms of its depth and its complexity, Fatih Birol, the executive director of the International Energy Agency (IEA), said on Tuesday, media reports quoted. Birol, speaking at a global energy forum in Sydney, said that the world is in the middle of the first global energy crisis. According to Birol, since Russia has started war on Ukraine in February, the whole energy system has been in disarray and this winter in Europe will be very, very difficult. Powered by Commodity Insights

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