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IEA Chief Warns Gulf Flows May Take Six Months To Restore After Biggest-Ever Energy Shock
IEA Chief Warns Gulf Flows May Take Six Months To Restore After Biggest-Ever Energy Shock
The head of the International Energy Agency told the Financial Times on Friday that the world is severely underestimating the scale of the Gulf energy shock, and that it may take at least six months to restore disrupted oil and gas flows.
Fatih Birol described the conflict, now in its third week, as "the greatest global energy security threat in history", and said it would take time "to have oil and gas rehabilitated".
"It will be six...
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Jun 1, 2026 / Tyler Durden
Trump On Iran Halting Talks: "We'll Keep Blockade" - Signals Tehran Can't Outlast US
Trump On Iran Halting Talks: "We'll Keep Blockade" - Signals Tehran Can't Outlast US
Summary
Iran announces halt to all exchanges with US, citing Israeli aggression in Lebanon. Trump says 'haven't heard' this from Tehran, vows to keep US naval blockade in place.
Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of a ballistic missile launch.
The US bombed radar & drone sites in Iran in response to the Iranians having shot down a US drone over the weekend. Reports of foreign jets over Iranian airspace.
Iran negotiator Ghalibaf charges...
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May 5, 2026 / Tyler Durden
"No Quick Fixes": Supply-Chain Deep Dive Shows Beef Prices To Remain High
Apr 13, 2026 / Dave DeCamp
Netanyahu Says the Trump Administration Gives Him Reports on Iran Talks Every Day
Israeli Prime Minister Benjamin Netanyahu said on Monday that he spoke with Vice President JD Vance after the US-Iran talks in Pakistan and described the call as part of a daily report the Trump administration provides him. “I spoke yesterday with Vice President J.D. Vance. He called me from his plane on his way back […]
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