The International Energy Agency announces “The Worst ENERGY CRISIS In History”.
- ECONOMY NEWS
- November 4, 2022
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In this video we show you why there is an ENERGY CRISIS and how the International Energy Agency calls it the worst energy crisis in history. The International Energy Agency announces that the world is in the midst of the worst energy crisis in history.
“With relentless inflationary pressures and interest rate hikes taking their toll, rising oil prices may be the tipping point for a global economy already in recession,” it adds in its monthly oil report.
However, any major disruption in Russian oil flows, even to non-EU and non-G7 buyers, could increase prices around the world and generate economic pain for citizens globally who are already grappling with high inflation and living costs.