If you think the cost of putting fuel in your car is high now, just wait. It isn’t over yet. Seventy-five energy assets in the Gulf have been damaged in attacks during the United States-Iran war. International Energy Agency (IEA) Executive Director Fatih Birol was interviewed by the French newspaper Le Figaro on Tuesday and warned that the Gulf energy shock “is more severe than those of 1973, 1979, and 2022 combined.” Birol insisted that this was a bigger deal because it’s affecting oil, gas, food, fertilizers, petrochemicals, helium, and global trade all at once. Simulation: Extended Strait of Hormuz Closure Could…

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