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Author name: Emirates 24|7

IEA: World Faces 10 Million Barrel Daily Oil Loss Amid Iran War

date Mar 24, 2026

IEA executive director Fatih Birol warned that the global economy is grappling with its worst-ever energy shock due to the u.s.-israeli war on Iran. he stressed that this crisis underscores the urgent need for reliable energy partners like Australia, which holds 33% of the world’s uranium reserves.

Source: emirates247.com

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