IEA Warns: 'The Biggest Energy Crisis in History'

IEA Declares the Biggest Energy Crisis in History

The world is facing the biggest energy crisis in its history. The statement was made this Thursday by the Director of the International Energy Agency, Fatih Birol, and it did not sound like a textbook warning: the organization warns that markets will face great difficulties. The origin has a date. On February 28th, the US and Israel launched a joint offensive against Iran, and the Strait of Hormuz was reduced to a minimum for the passage of oil tankers. Since then, history has been written in real-time, with no one daring to sign off on an ending.

What it Means for Hormuz to Stop Being a Normal Passage

Hormuz is not just any bottleneck for the passage of oil tankers, and it is enough for navigation to be strangled for everything transported to start shaking. The IEA speaks of the biggest energy crisis in its history. What actually happens is another matter.

No one yet knows how long the offensive will last or if the strait will reopen normally. And it is in this gap of uncertainty that the harshest scenarios take hold.

Antiestéticar of Secretly Decreed Energy Savings

Some argue that the IEA's warning is not intended to inform, but to prepare the ground for drastic savings measures that are being secretly prepared, waiting for the Andalusian elections to pass. The theory is not unanimous, but it is circulating: first the scare, then the restriction.

On the other hand, there is the usual skepticism. That it's theater, that we've been hearing the same thing for years. And some argue that blowing up pipelines, closing straits, and banning purchases is the new peak oil: a self-fulfilling prophecy, without anything actually running out.

From Scooter to Wood Stove: The Home Recipe

With the tap threatened, the discourse of saving descends to the living room. Five-minute showers, leaving the car parked, using a scooter, an electric one if it's time to renew, a wood stove for those who have a chalet. Recipes that are repeated in any bar conversation and that, added together, result in a modest reduction in consumption.

The other fight is fundamental: whether the system is sustained by renewables or if the bet on wind turbines and solar panels left nuclear backup off the table. Those who defend the latter thesis insist that the plan had no flaws as long as the wind was blowing.