Oil Expert Warns World Faces Biggest Energy Supply Crisis in History

The world is facing the largest energy supply crisis in its history, according to Dr Amer Al-Shobaki, an economist and specialist in oil affairs.

Al-Shobaki warned of the repercussions of successive geopolitical disruptions for the global economy, highlighting rising prices for oil and petroleum products.

His warning linked turmoil in energy supplies to wider economic concerns, putting the cost of oil and its derivatives at the centre of the risks he outlined.

The available summary of his remarks did not include price figures or identify specific disruptions behind his assessment. It also provided no timeframe for how the situation might develop.