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IEA Warns 2026 Energy Crisis Amid Middle East Conflicts

4/15/2026

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Story summary
  • The International Energy Agency warns April 2026 could be worse than March for the global energy sector due to ongoing Middle East conflicts.
  • IEA Executive Director Fatih Birol calls disruptions in oil supply "the biggest energy crisis in history."
  • The International Monetary Fund (IMF) downgraded its global growth outlook and warned of a recession if oil stays high, with scenarios from 3.1% to 2.0%.