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'Worse Energy Crisis Than Twin Oil Shocks Of 1970s & Ukraine War Combined', Warns IEA Chief

The head of the International Energy Agency has warned that the world could face an energy crisis worse than the oil shocks of the nineteen seventies and the disruption caused by the war in Ukraine combined. The warning comes amid escalating tensions involving Iran and growing instability across several regions critical to global energy supplies.

The President of the United States has delayed planned strikes on Iran's power grid for five days, citing what he described as productive talks. Tehran has rejected that characterization and mocked Washington's threat as a bluff, fueling uncertainty over whether the pause signals genuine de-escalation or a strategic recalibration.

Reports have also pointed to emerging dissent within United States military ranks, with some troops allegedly questioning involvement in a widening conflict. Meanwhile, inflammatory remarks from Pakistan's former envoy Abdul Basit, who suggested nuclear strikes on Indian cities if the United States targets Pakistan, have intensified fears of a broader and potentially catastrophic confrontation.

Original article source: https://timesofindia.indiatimes.com/videos/international/worse-energy-crisis-than-twin-oil-shocks-of-1970s-ukraine-war-combined-warns-iea-chief/videoshow/129758024.cms
Source Id: 2026-03-1017479470

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