IEA Warns Iran-Linked Conflict Could Trigger Record Oil Supply Disruption

The International Energy Agency warned that conflict involving Iran could trigger what it described as the largest oil supply disruption in history. IEA Director Fatih Birol said oil and gas flows from the Gulf may take about six months to normalize. The agency also called for demand-side measures to reduce pressure on energy markets, including remote work, lower speed limits and restrictions on flights that can be replaced by rail.

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