International Energy Agency Urges Global Fuel Cuts as the Iran War Strains Global Energy Market

The International Energy Agency has introduced emergency measures to reduce oil demand as the Iran conflict disrupts supplies through the Strait of Hormuz.Proposed actions include lowering highway speed limits and restricting city car access to manage a crisis affecting twenty percent of the world oil trade.While renewable energy aids countries like China, the agency warns that coordinated demand-side strategies are essential to avoid global economic instability.
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12h13 Mar
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