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Euronews
Euronews
Marta Pacheco

IEA urges swift cuts in oil demand, encourages remote work, less air travel

Governments are being urged to push remote working, reduce speed limits and encourage a shift towards public transport, alongside potential restrictions on car use in major cities, according to a report from the International Energy Agency (IEA), citing the "dramatic" disruption to global oil supplies due to the closure of the Strait of Hormuz.

Since the United States and Israel launched military strikes against Iran on February 28, oil prices have surged above $100 a barrel, rattling economies and exposing the fragility of energy markets.

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