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Oil markets nearing ‘red zone’ as Iran crisis continues, warns IEA chief
Global oil markets are entering a critical phase as reserves shrink and demand surges. The IEA warns that the situation could surpass historical oil shocks, urging immediate action in the Middle East. A shift towards renewable energy may be...
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Global oil markets are entering a critical phase as reserves shrink and demand surges. The IEA warns that the situation could surpass historical oil shocks, urging immediate action in the Middle East. A shift towards renewable energy may become inevitable. #OilCrisis #EnergyNews #MiddleEast #IEA #Renewables
Originally reported by The Guardian.
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