War in the Middle East 'reshaping' energy investment strategies globally: IEA

War in the Middle East 'reshaping' energy investment strategies globally: IEA The conflict in the Middle East is pushing governments to find new supply ro…

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The ongoing war in the Middle East is causing a significant shift in global energy investment strategies, according to the International Energy Agency (IEA).

Contesto

War in the Middle East 'reshaping' energy investment strategies globally: IEA War in the Middle East 'reshaping' energy investment strategies globally: IEA The conflict in the Middle East is pushing governments to find new supply routes and turn to domestic resources to brave the world's biggest energy crisis, the International Energy Agency (IEA) said Thursday. "We are in the midst of the largest energy security crisis the world has ever faced... and I believe this will reshape investment strategies globally, with parallels to the major changes the energy world witnessed after the oil shocks of the 1970s," said IEA executive director Fatih Birol. "We are already seeing intensified efforts by both producer and consumer countries to diversify trade routes and energy sources," he said. The efforts include advancing new pipelines and other supply infrastructure and turning…

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Confidenza: 82/100

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• The impact of the war on global energy investment strategies is uncertain and may be subject to change.

Categoria: cronaca
Entità: Middle, East