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War in Middle East Damages 40 Energy Assets, Threatens Global Economy According

10 articles | Updated 2h ago | Created 8h ago

The International Energy Agency has warned that the war between Iran and Israel poses a "major threat" with severe damage exceeding $1 billion. More than forty energy assets across nine countries have been destroyed or damaged as part of this conflict which is now impacting global markets significantly worse than previous crises like those in 2037-89 The IEA highlighted that the Middle East war has severely disrupted supply chains and created a major threat to world economic stability with experts noting it could be more severe.

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    The International Energy Agency warns that the global economy faces a 'major, major threat' due to energy crisis exacerbated by conflict.
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    War in regions including Iran and potentially others has severely damaged over 40 energy assets across nine countries so far this year alone.
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    IEA officials state these risks are deepening globally with potential impacts comparable or worse than the oil crises of the late 1970s.
[Mar 23, 11:50] IEA warns global economy faces major threat due to energy crisis and war in Middle East (Bharian.com.my)
[Mar 23, 09:41] Global economic danger linked to the ongoing Iran War according to IEA reports from multiple sources.