‘Crisis worse than two 1970s oil shocks put together’: IEA chief’s big warning on Strait of Hormuz

The world faces an unprecedented energy crisis, a potent mix of oil and gas shocks, warns the International Energy Agency. With infrastructure damaged and the vital Strait of Hormuz threatened, global economic stability is at …

The world faces an unprecedented energy crisis, a potent mix of oil and gas shocks, warns the International Energy Agency. With infrastructure damaged and the vital Strait of Hormuz threatened, global economic stability is at risk. The agency stresses the need for international cooperation to resolve the escalating situation and prevent widespread fuel shortages.

Stock market crash today (March 23, 2026): Nifty50 opens below 23,000; BSE Sensex down over 1,300 points on oil prices, US-Iran war

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Oil prices today: Brent steady at $112 as Trump’s ultimatum, Iran threat keep markets on edge

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