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Event Brief

IEA chief says oil security is a critical issue

Fatih Birol said the world should worry about energy security if the US and Iran do not improve oil flows through Hormuz.
WHO: Fatih Birol, head of the International Energy Agency
WHAT: Birol warned that oil security is a critical issue and urged improved oil flows through the Strait of Hormuz.
WHEN: Jul 16, 2026 at 10:03 PM ET
WHERE: Location not specified
WHY: He warned that if the US and Iran do not unite to improve oil flows through the Strait of Hormuz, energy security concerns will arise.

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