'Greatest global energy security threat in history,' [View all]

Restoring oil and gas flows from the Gulf may take six months, International Energy Agency Executive Director Fatih Birol said in an interview with the Financial Times.

He added that both politicians and markets are underestimating the scale of the disruption, which he sees as the "greatest global energy security threat in history,” with about one-fifth of global oil and gas supplies stranded in the region.

(Bloomberg)