Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief
International Energy Agency head Fatih Birol warns the energy fallout from the Middle East war and tensions around the Strait of Hormuz threaten the global economy, saying no country will be immune.
International Energy Agency chief Fatih Birol said Monday that the global economy faces a 'major threat' from the energy crisis triggered by the Middle East war and tensions in the Strait of Hormuz. He warned the resulting energy fallout will affect all countries and that none will be immune to its effects.