Is It Time for Energy Rationing to Return? ...Middle East

In the face of ongoing conflict in the Middle East and the resulting energy shortages, the International Energy Agency (IEA) is recommending that consumers reduce their energy consumption. This is expected to help people tackle their rising energy bills. Meanwhile, several governments are putting energy restrictions in place to mitigate the risk of shortages, with greater uncertainty around how long the conflict might last. The U.S.-Israeli attack on Iran and the ongoing conflict in the Middle East have caused the biggest oil disruption in history,…

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