The International Energy’s Agency’s top economist Birol warns that an unexpected slowdown in oil growth in Iraq, though not too likely, would be bad news for Europe, China and other developing Asian countries
The International Energy Agency’s top economist warned in an interview with AFP that any unexpected slowdown in the growth of Iraq’s energy output would be “bad news” for the rest of the world.
Fatih Birol noted that while such a slowdown was not the IEA’s central forecast, it remained a credible-enough possibility that the organization included it in an upcoming report on Iraq’s energy industry due next month.
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