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Today’s Energy Crisis Worse Than Oil Shocks of 1970s, Could Last Longer: IEA Chief

Today’s Energy Crisis Worse Than Oil Shocks of 1970s, Could Last Longer: IEA Chief
Executive Director of the International Energy Agency, Fatih Birol addresses a session on day five of the COP26 UN Climate Summit in Glasgow on Nov. 4, 2021. DANIEL LEAL/AFP via Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

The head of the International Energy Agency (IEA) has cautioned that the current energy crisis is “much bigger” and could persist longer than the oil shocks of the 1970s.

In the 1970s, there were two significant oil shocks that caused inflation to spiral out of control in the United States.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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