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IEA chief warns Middle East war has triggered a severe global energy crisis

First covered Monday, March 23, 2026Science & ClimateWell-covered

The Facts

  • Fatih Birol, the executive director of the International Energy Agency, warned on Monday that the energy crisis linked to the Middle East war is more severe than the combined effect of the two oil shocks of the 1970s.
  • Birol said the world has lost about 11 million barrels of oil per day, which he compared with about 10 million barrels per day lost across the two 1970s oil crises combined.
  • Birol said the current crisis is comparable to two oil crises and one gas crisis combined, and he also compared it with the fallout from Russia's 2022 invasion of Ukraine.
  • Birol said no country would be immune if the crisis continued in its current direction.
  • Birol said at least 40 energy assets in the Middle East had been severely or very severely damaged across nine countries.
  • Birol said damage to oil and gas fields, refineries and pipelines would take time to repair and could keep prices elevated even if the war ended soon.
  • Birol said the crisis was affecting more than oil and gas, including trade in petrochemicals, fertilizers, sulfur and helium.

Context

Why did Birol say the crisis could last even if the war ends?

He said damage to oil and gas fields, refineries and pipelines will take time to repair, and that some disruptions to energy trade and supply chains are already in place NYT,NY Post,CNBC.

What parts of the energy system did Birol say were affected?

Reports say he pointed to damage across oil and gas fields, refineries and pipelines, and also said trade in petrochemicals, fertilizers, sulfur and helium had been disrupted Haber7.com,Guardian,NY Post.

What did Birol say about the global impact?

He warned that the crisis poses a major threat to the global economy and said no country would be immune if it keeps moving in the same direction Klix.ba,ETCFO.com,infobae,EL MUNDO.

See this differently than someone you know would?

The receipts — 92 sources

Wire services (5)

APPBS.orgGlobal economy faces 'major, major threat' from Iran war, IE...
APThe Times of IsraelIEA chief: Energy crisis due to Iran war a 'major, major thr...
APSAPOAgência de energia: guerra pode causar pior crise em décadas
ReutersReutersIEA consulting with governments on further oil stock release...
APSAPOMundo enfrenta maior ameaça energética da História, diz AIE

Independent coverage (87)

El HuffPostLa Agencia Internacional de la Energía afirma que la crisis ...
Los Angeles TimesLa guerra con Irán es una gran amenaza para la economía glob...
The New York TimesEnergy Crisis Will Not Be Resolved Quickly if War Ends, I.E....
TerraIEA discute novas liberações de estoques de petróleo, diz o ...
FortuneThe Iran oil crisis is the worst energy shock ever recorded....
Kronen ZeitungWegen Ölkrise drohen Fahrverbote und Tempolimits
Süddeutsche ZeitungIEA-Chef warnt vor Energiekrise schlimmer als in den 1970ern
GMX"Kein Land wird von dieser Krise verschont bleiben"
New York PostIEA says 40 Middle East energy sites 'severely' damaged, cou...
IndexHRSprema se novo otpuštanje nafte iz rezervi?
Zero HedgeIEA Head Warns Iran War Sparked Energy Crisis Worse Than 197...
Deutsche WelleМЭА предупреждает о крупнейшем кризисе из-за войны в Иране
El EspañolLa crisis del petróleo supera ya las de Yom Kipur y Ucrania:...
mint'Global Leaders Underestimating Impact': Energy Agency Head ...
The IndependentIran war energy impact worse than 1970s and Ukraine, says IE...
Klix.baŠef Međunarodne agencije za energiju: Svjetska ekonomija suo...
En Son HaberUluslararası Enerji Ajansı: 9 ülkede 40'tan fazla yer ve tes...
NPRIran threatens strikes on Gulf power plants following Trump'...
El PeriódicoLa AIE alerta de que la guerra en Oriente Medio es ya "la ma...
CNN InternationalWar threats lift oil prices. Global energy body says Iran sh...
MARCALa Agencia Internacional de la Energía afirma que podríamos ...
eldiario.esLa AIE advierte de que la actual crisis energética es "muy g...
HNAIran-Krieg: IEA-Chef warnt vor schwerster Energiekrise seit ...
EstadãoGuerra no Oriente Médio é 'grave ameaça' à economia, diz Agê...
CNBCMore than 40 Middle East energy assets 'severely damaged,' I...
eldiario.esLa Agencia Internacional de Energía advierte que la actual c...
HaberlerIEA Başkanı Fatih Birol: Küresel Ekonomi Büyük Tehdit Altınd...
The Indian ExpressUS-Israel vs Iran war day 24: Fresh strikes on Tehran after ...
TerraPlano dos Estados Unidos para reabrir o Estreito de Ormuz po...
EL MUNDOCuarta semana de guerra para las bolsas: caídas del 2% para ...
CumhuriyetUluslararası Enerji Ajansı'ndan İran uyarısı: Hiçbir ülke et...
Süddeutsche ZeitungNews zu Iran: IEA-Chef fürchtet schlimmere Energiekrise als ...
EL MUNDOLa AIE advierte que la actual crisis energética es "muy grav...
LibérationLe monde pourrait connaître la pire crise énergétique depuis...
Haber7.comIEA Başkanı Birol'dan küresel ekonomi uyarısı: Böyle devam e...
La RazónEl organismo mundial de la energía avisa de que la actual cr...
LaVanguardiaLa AIE advierte que la situación energética es "muy grave" y...
ElNacional.catUna crisi energètica pitjor que les dels anys 70: l'impacte ...
ElNacional.catUna crisis energética peor que las de los años 70: el impact...
Al Jazeera OnlineWorld in energy crisis worse than 1970s' oil shocks combined...
Spiegel OnlineIrankrieg: IEA-Chef warnt vor womöglich schwerster Energie-K...
tagesschau.deIEA befürchtet schwerste Energiekrise seit Jahrzehnten
BildChef der Internationalen Energieagentur warnt: Öl-Schock! We...
El EspañolLa AIE advierte de que la actual crisis energética es "muy g...
EL PAÍSÚltima hora del ataque de Estados Unidos e Israel contra Irá...
IndexHRŠef IAE-e: Nijedna zemlja neće biti imuna ako se kriza nasta...
SabahKüresel ekonomi için kritik uyarı: Enerji krizi derinleşiyor
actu.fr"Aucun pays ne sera immunisé" : pourquoi les prix de l'énerg...
Kronen ZeitungSchwerste Energiekrise seit Jahrzehnten möglich
Московский КомсомолецХуже всех вместе взятых кризисов: названы последствия иранск...
cnbctv18.comWorld could face worst energy crisis in decades, warns IEA c...
The GuardianWorld losing more barrels of oil each day than in two 1970s ...
The GuardianIran war energy crisis equal to 70s twin oil shocks and fall...
HABERTURK.COMIEA: "Gerekirse daha fazla petrol stokunun serbest bırakılma...
Jutarnji listDramatično upozorenje šefa IEA-a: 'Ni 1973. ni 1977. godine ...
infobaeLa AIE advirtió que la economía mundial se encuentra bajo un...
NDTV"No Country Will Be Immune": Energy Agency Warns Global Econ...
News.com.au'Magnitude': Big issue in Aussie fuel crisis
The Jerusalem PostInternational Energy Agency: Middle East oil crisis severe, ...
HaberlerSavaş sürerken korkutan açıklama: Hiçbir ülke bundan kurtula...
Son DakikaSavaş sürerken korkutan açıklama: Hiçbir ülke bundan kurtula...
Economic TimesInternational Energy Agency discussing further oil stock rel...
ZEIT ONLINEInternationalen Energieagentur: IEA-Chef warnt vor schwerste...
CNN InternationalLive updates: Iran's military says Strait of Hormuz will be ...
MoneyControl'Very severe' energy crisis could outstrip 1970s oil shocks ...
TerraGuerra no Oriente Médio é 'grave ameaça' à economia, diz Agê...
Haber7.comİran savaşı sürerken korkutan açıklama: Hiçbir ülke bundan k...
News18'No Country Will Be Immune': IEA Chief Sounds Alarm On Worse...
Le Parisien" Aucun pays ne sera immunisé " : le directeur de l'AIE tire...
La NacionGuerra de Estados Unidos e Israel contra Irán, en vivo: tens...
Yahoo! FinanceOver 40 Middle East Energy Assets 'Severely Damaged,' IEA Sa...
Bloomberg BusinessOver 40 Middle East Energy Assets 'Severely Damaged,' IEA Sa...
ETCFO.comGlobal economy under 'major threat' from Strait of Hormuz cr...
The GuardianMiddle East crisis live: IEA chief says Iran war energy crun...
The Times of IsraelGlobal economy under 'major threat' from Hormuz crisis, no c...
Ouest FranceLe monde pourrait connaître sa pire crise de l'énergie depui...
Economic TimesGlobal economy under 'major threat' from Strait of Hormuz cr...
Le Figaro.frGuerre au Moyen-Orient : le monde pourrait connaître sa pire...
T-online.deIran-Krieg: IEA-Chef warnt vor "schwerster Energiekrise"
La Presse.caConflit au Moyen-Orient | Le monde pourrait connaître sa pir...
The HinduWorld could face worst energy crisis in decades, IEA chief w...
stern.deIEA-Chef warnt vor womöglich schwerster Energie-Krise seit J...
Blick.chWarum die aktuelle Energiekrise so gefährlich ist
eldiario.esTrump amenaza a Irán con "devastar" sus centrales eléctricas...
AmbitoEEUU levantó las sanciones sobre 140 millones de barriles de...
Frankfurter AllgemeineIEA-Chef Birol über Iran-Krieg: Größte Bedrohung der Energie...
kp.ruFT: возобновление поставок нефти из Персидского залива может...

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