Fatih Birol: World Loses 13 Million Barrels of Oil Daily; We Face the Greatest Energy Security Threat in History
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Fatih Birol: World Loses 13 Million Barrels of Oil Daily; We Face the Greatest Energy Security Threat in History

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sumernow
Apr 23, 2026 1 min read

 The Director of the International Energy Agency, Fatih Birol, issued a stern warning today, Thursday, April 23, 2026, emphasizing that the global economy faces an unprecedented risk to energy security. Birol revealed that the repercussions of the current war have led to the loss of 13 million barrels of oil per day from global supplies, noting that markets will inevitably witness a decline in demand due to record-high prices. He also suggested that governments might resort to exceptional austerity measures to deal with the ongoing crisis, which he described as the greatest threat in the history of the global energy sector.

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