IEA: Strait of Hormuz Events a Major Threat to Global Energy Security

The video discusses OPEC's response to oil supply threats due to trade wars and Middle East conflicts, emphasizing market reassurance. It highlights security concerns in the Strait of Hormuz, affecting global energy security and trade. OPEC's strategies to manage oil demand and investment amidst uncertainties are explored. The challenges faced by big oil companies, including interest in shale oil and climate change pressures, are also discussed.

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