4 reasons the ‘largest energy crisis’ on record has been held at bay – and why there’s pain to come
- Written by Kevin Morrison, Industry Fellow, Institute for Sustainable Futures, University of Technology Sydney
Uma Shankar Sharma/GettyThe US-Israel war with Iran was predicted to cause the worst energy crisis in history, according to the International Energy Agency.
Around 20% of the world’s liquefied natural gas (LNG) and 25% of its seaborne oil supplies were affected. The impact should have eclipsed the oil shocks of the 1970s.
But despite early...





