Oil Crisis Just Changed Fossil Fuels Forever, IEA Chief Warns as Brent Tops $110
The oil shock triggered by the Iran war is morphing into more than just a surge in prices, according to International Energy Agency chief Fatih Birol. In his words to the Guardian, the crisis has shattered faith in fossil fuels and will leave “permanent consequences” on global energy markets. “The vase is broken, the damage is done,” Birol said.
