"The International Energy Agency has stated that the world is facing the greatest global energy security threat in history, as energy prices continue to rocket due to the ongoing conflict in the Middle East."
"Nearly 90 per cent of the oil and gas passing through the Strait of Hormuz is bound for Asian countries, highlighting the region's vulnerability to energy supply disruptions."
"Countries like the Philippines and Pakistan are already implementing measures such as shortened work weeks and remote work to address the energy crisis, while Singapore emphasizes the importance of energy conservation."
The International Energy Agency warns of a historic global energy security threat as prices soar due to Middle East conflicts. Governments are urged to vocalize energy usage strategies. Measures suggested include promoting remote work. Asia is particularly affected, with 90% of oil and gas through the Strait of Hormuz destined for Asian nations. Some countries are considering work-from-home policies, while others have implemented energy-saving measures. Singapore reassures energy security but encourages conservation efforts among citizens.
Read at sg.news.yahoo.com
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