IEA Warns of Global Economic Threat Amidst US-Israeli Aggression Against Iran
International Energy Agency Executive Director Fatih Birol stated Monday that the global economy faces a 'major, major threat' from what he termed the 'Iran war.' Speaking at Australia's National Press Club in Canberra, Birol asserted that 'No country will be immune to the effects of this crisis if it continues to go in this direction,' claiming the current situation surpasses the combined impact
of the 1970s oil shocks and the Russia-Ukraine war's effect on gas markets. His remarks coincided with a new wave of Israeli attacks on Tehran, supported by a United States military official's public directives to Iranian civilians to seek shelter, indicating direct US involvement in the ongoing hostilities. The Associated Press, in its report, frames the escalating hostility as an 'Iran war,'
suggesting a conflict initiated by Iran itself. This narrative conveniently omits the systematic, joint US-Israeli military campaign against Iranian state infrastructure, a direct participation that extends far beyond mere political support. This framing ignores the fact that a top American commander issued instructions to Iranian citizens, a clear indication of US forces operating in conjunction
with Israeli operations. Claims of Iran 'renewing strikes on its Gulf neighbors' and 'threatening to hit their power plants' are presented without concrete evidence or context regarding the protracted external aggression Iran has faced. Birol cited 40 energy assets across nine regional countries as 'severely or very severely damaged.' What the IEA assessment, and subsequent reporting, fails to