IEA chief warns Strait of Hormuz crisis threatens global energy security
IEA chief warns Strait of Hormuz crisis threatens global energy security Fatih Birol says ‘oil security is still a critical issue’ and the world should be...
Key points
- IEA chief warns Strait of Hormuz crisis threatens global energy security Fatih Birol says ‘oil security is still a critical issue’ and the world should be ‘worried’ if the situation does not improve.
- The head of the International Energy Agency has warned that global energy security is under serious threat unless efforts by the United States and Iran lead to improved oil flows through the Strait of Hormuz.
- - list 3 of 3The hardest party to manage in the Iran talks isn’t Iran “Oil security is still a critical issue,” Birol said, speaking at an event hosted by the Council on Foreign Relations.
- He also said Iran was maintaining its closure of the Strait of Hormuz, citing what it described as a lack of US commitment to the memorandum of understanding.
What happened
IEA chief warns Strait of Hormuz crisis threatens global energy security Fatih Birol says ‘oil security is still a critical issue’ and the world should be ‘worried’ if the situation does not improve. The head of the International Energy Agency has warned that global energy security is under serious threat unless efforts by the United States and Iran lead to improved oil flows through the Strait of Hormuz. - list 3 of 3The hardest party to manage in the Iran talks isn’t Iran “Oil security is still a critical issue,” Birol said, speaking at an event hosted by the Council on Foreign Relations. He also said Iran was maintaining its closure of the Strait of Hormuz, citing what it described as a lack of US commitment to the memorandum of understanding. “The Strait of Hormuz is entirely within the sovereignty of Iran and Oman, and no external party has the right to interfere in its affairs, especially the United States of America.” Al Jazeera’s Rosiland Jordan said the US military’s Central Command (CENTCOM) had not released a formal report on its sixth night of attacks on Iran. “The reason for the recent strikes is because Iran violated the MoU that we struck with them; specifically, in...