Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

Published October 23, 2023 10:04 PM

By DAVID McHUGH
AP Business Writer

FRANKFURT, Germany (AP) — Oil prices are up and markets are tense after the outbreak of war in Gaza. That could accelerate the move to renewable energy, says the head of the International Energy Agency. Fatih Birol says that after Gaza and after Russia’s cutoff of natural gas to Europe over the invasion of Ukraine, no one can convince him fossil fuels are safe and secure.

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