The biggest energy security crisis in world history

The world community is now facing the most serious energy security crisis in history. Fatih Birol, executive director of the International Energy Agency, said the world was facing "the greatest threat to energy security ever". According to Reuters, he said that a sharp rise in energy prices could reduce global demand. "When the price increases, there is pressure on the demand, and in some cases, the policy measures taken or may be taken by the government also have an effect," he said.

According to him, so far the world has lost about 13 million barrels of oil supply per day. Due to the war related to Iran, the blockade of the Strait of Hormuz, which supplies about 20 percent of the oil and gas to the world market, has put additional pressure on the energy market. According to experts, even if the route is operational immediately, it will take some time for the supply situation to normalize.