Is It Time for Energy Rationing to Return?

Is It Time for Energy Rationing to Return?

In the face of ongoing conflict in the Middle East and the resulting energy shortages, the International Energy Agency (IEA) is recommending that consumers reduce their energy consumption. This is expected to help people tackle their rising energy bills. Meanwhile, several governments are putting energy restrictions in place to mitigate the risk of shortages, with greater uncertainty around how long the conflict might last. The U.S.-Israeli atta…

Energy crisis declared in several countries: war in Iran ongoing

The Philippines has been the first country to declare a national emergency over an ongoing fuel and energy crises as a result of the ongoing war in Iran and the Battle of Hormuz. Bangladesh, Pakistan and Sri Lanka have declared energy rationing measures while fuel shortages have also been reported in India. Energy saving-measures have been declared in Egypt where all cafes and bars in Cairo have been ordered to close by 9PM. Many videos are circ…