Live Updates > Live Update Details
2026-04-07 12:52:58
[International Energy Agency Executive Director: Current Energy Crisis Exceeds the Combined Sum of the Previous Three Crises, Potentially Ushering in a "Black April"] International Energy Agency (IEA) Executive Director Fatih Birol stated that the current global energy crisis is "more severe than the combined crises of 1973, 1979, and 2022." He predicted that the crisis will accelerate the development of renewable energy, nuclear power, and electric vehicles. In an interview published in the French newspaper Le Figaro on April 7th, Birol argued that countries should conserve energy "as cautiously as possible" in the short term, as the global energy market may face a "Black April." "If the Straits remain closed throughout April, the shortage of crude oil and refined products will be more than double that of March." (Xinhua)
