By Tyler Derden – Zerohedge
The head of the International Energy Agency intensified his apocalyptic warning about the global energy crisis, stating early Monday that the US-Israel war with Iran has sparked a shock far greater than the twin oil crises of the 1970s and the turmoil from the war in Ukraine combined.
US-Israeli Operation Epic Fury has entered its fourth week, and emerging from the fog of war is the understanding that 44 energy assets across the Gulf region have been severely or very severely damaged by either U.S. and allied forces or by Iranian forces, according to IEA Executive Director Fatih Birol, who spoke at a media event in Australia on Monday. Continue reading “IEA Head Warns Iran War Sparked Energy Crisis Worse Than 1970s Oil Shocks, Ukraine Fallout”