International Energy Agency Urges To Cut Oil Demands Amid Supply Fears | Latest News Updates
March 18, 2022
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2:02Now PlayingInternational Energy Agency Urges To Cut Oil Demands Amid Supply Fears | Latest News Updates
YouTube Description
as posted by the channelThe Russia Ukraine War has created a widespread impact on the supply chain of oil. Russia, being the 10% exporter of oil in the world has been the primary reason for the crisis. Meanwhile, the International Energy Agency has urged to take emergency measures to cut oil demands. This request has been made because of the supply threat that has been looming around. This is a major problem for the Western countries as well as they would not be buying the oil from Russia due to their stance on the Russia-Ukraine War. Meanwhile, the war in Ukraine has continued to intensify amid all the peace talks.
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