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petrostates

Coverage of petrostates in the Nexus archive.

Earliest in view: Jun 19 · 08:45 UTCMost recent: Jun 19 · 08:45 UTC
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  • WORLDJun 19 · 08:45 UTCSEMAFOR
    Former IEA chief says world faces a ‘third oil shock’ despite US-Iran deal

    Former IEA chief Nobuo Tanaka warns the current global energy crisis could mark a 'third oil shock,' reshaping the balance between fossil fuel-dependent 'petrostates' and 'electrostates' focused on electrification. He highlights prolonged supply disruptions and a potential two-year recovery timeline despite the US-Iran deal.