Global energy prices face fresh risks as IEA chief warns buffer is shrinking
- IEA chief Fatih Birol said the world is running out of buffer to keep energy prices at current levels.
- • He said he hoped both straits would be reopened unconditionally as the US-Iran conflict drags on.
- Birol said Europe is entering this winter with gas stocks much lower than historical averages.
- A harsh winter could lift European gas prices, and life would not be easy this year or next, he said.
Source: aninews.in
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