‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone with no cure in sight

fatih birol (Credit: John MACDOUGALL—AFP/Getty Images)

Even as the U.S. and Iran hold a fragile ceasefire, the global energy crisis shows no sign of easing.

In an interview with CNBC Thursday, Fatih Birol, executive director of the International Energy Agency, called the ongoing energy crisis an unprecedented inflection point for the global economy.