US EditionTrump-Iran Showdown Risks Worst Global Energy Crisis in Decades, IEA Warns
Supply disruptions in the Persian Gulf have driven energy stocks up by about 20%, while Asian markets like Japan and South Korea have dropped sharply due to inflation and recession risks.
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Trump-Iran showdown risks worst global energy crisis in decades, IEA warns
Iran on Monday faces a deadline by President Donald Trump to open up the crucial Strait of Hormuz or face a major US assault on power plants, as Israel warned of weeks more of war. The International Energy Agency said the crisis is more severe than the 1970s oil shocks combined. Follow our liveblog for all the latest updates.
Trump’s Iran War Sends Oil To $115...It's Just The Beginning
Only months ago, Dementia Don congratulated himself for cheap gasoline as proof of his economic wizardry. Cheap gas, in the Trump fantasy world, was a product of his leadership—just as sunshine was presumably the result of his morning tweets. Now that prices are rising sharply, Trump's explanation has shifted. "The United States is the largest Oil producer in the World, by far, so when oil prices go up, we make a lot of money.” We? You mean bill…
The Iran War Just Triggered a Bigger Energy Shock Than the 1970s Oil Crisis. What It Means for Your Portfolio.
Key PointsOil and gas prices have spiked, and damage to energy infrastructure could mean elevated prices are here to stay.Cyclical stocks, including industrials, have tumbled. Energy and commodity stocks have been winners. 10 stocks we like better than Cheniere Energy › The executive director of the International Energy Agency didn't mince words when he described the impact of the Iran war on the global energy market. Speaking to the Financial T…
IEA warns of energy crisis worse than 1970s (Symbolic image - AI-generated) AI Generated Stock Image The head of the International Energy Agency (IEA) has sounded a dramatic warning: the conflict in the Middle East could trigger the worst energy crisis in decades. Fatih Birol warned the global economy of a "very serious threat," speaking Monday at the National Press Club in the Australian capital. The numbers are more alarming than the oil shock…
The energy crisis brought on by the war in Iran is drawing comparisons to the "twin" oil crises of the 1970s. International analysts warn that it could be even worse now.
As the oil and gas crisis drives the world economy towards another financial crash, green energy is the only viable future
Could this be a watershed moment heralding US geopolitical and technological decline? David Toke, Mar 19, 2026 Let’s not make a secret of this. The world is hurtling at breakneck speed towards the worst-ever energy crisis. This will be worse than the oil crises of the 1970s. It could be worse even than the oil crisis of 2007-2012, the latter which triggered the global financial meltdown of 2008. Maybe it is small comfort to those billions of peo…
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