The Mother Of All Energy Crises Is Just Beginning, IEA Warns — April Will Be 'Much Worse'

The IEA warns of the "most severe energy crisis in modern history" and says the full impact of the Iran war is only beginning to hit markets. Expect sustained upward pressure on oil and gas prices, tighter global supply and elevated volatility that could trigger risk-off moves, higher inflationary pressure and broad commodity repricing.

Analysis

The IEA warns of the "most severe energy crisis in modern history" and says the full impact of the Iran war is only beginning to hit markets. Expect sustained upward pressure on oil and gas prices, tighter global supply and elevated volatility that could trigger risk-off moves, higher inflationary pressure and broad commodity repricing.