IEA Chief Warns Energy Crisis to Persist Through 2027, Hormuz Attacks Continue

IEA chief Fatih Birol warns that energy markets will not return to pre-war levels even by 2027, as ship attacks in the Strait of Hormuz continue despite claims of victory. This implies sustained elevated fuel, electricity, and food costs for consumers, particularly in Sweden. The persistence of attacks suggests the conflict is not fully resolved, contradicting political narratives.

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