The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.
The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.
Key oil figures were distorted by US pressure, says whistleblower
Israel’s plans to explore for gas off the coast of Gaza have drawn condemnation from rights...
The United Nations' nuclear watchdog chief says he does not believe the war in Iran can...
Drone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity,...
