BBC World Business Report

"Work from home and limit flights", urges IEA, as fuel crisis deepens

Loading player...
The International Energy Agency wants people to cut their energy consumption. The IEA warned that the impact from the closure of the Strait of Hormuz would “become more and more severe”. And the South Korean boyband BTS are back after an interruption for its members to do national service. They've also released a new album and announced a world tour.
20 Mar 12PM English United Kingdom Business

Other recent episodes

From state of emergency to rationing: fuel shortages cause chaos across the globe

The Philippines government has declared a state of emergency. President Ferdinand Marcos Jr. said fuel supply in the country is in ‘imminent danger' as prices continue to surge because of the war in the Middle East. Meanwhile, Slovenia introduces fuel rationing to stop ‘fuel tourism’ and Kenya’s flower industry is…
24 Mar 7PM 26 min

The Philippines declares state of emergency over fuel crisis

The Philippines has declared a state of national energy emergency as the conflict in the Middle East cuts fuel supplies. President Ferdinand Marcos Jr said he had signed an executive order to safeguard energy security amid severe disruption to global supply chains. The Philippines is highly dependent on fuel imports…
24 Mar 12PM 10 min

Oil, outages and energy shifts: the global ripples from the Middle East

As the war in the Middle East continues, other regions adjust. The price of oil dropped after President Trump said discussions with Iran had taken place. Meanwhile, the Philippines, which gets most of its fuel from the Persian Gulf, has declared a four-day work week to reduce energy demand; Suranjana…
23 Mar 7PM 28 min

Markets rally as Trump signals progress with Iran

We bring you the latest reaction after President Trump says the US has held constructive talks with Iran, even as Iran has denied any dialogue with the US. Also, South Korea has a new central bank chief, Shin Hyun-song, known for predicting the 2008 financial crisis. And Huel, the British…
23 Mar 12PM 8 min

IEA warns looming global energy crisis is worst in history

The head of the International Energy Agency has told the BBC that governments need to “be more vocal” about cutting energy usage amid what he called the “greatest global energy security challenge in history”. Dr Birol is now calling on countries to cut demand suggesting lower speed limits, avoiding air…
20 Mar 7PM 28 min
All episodes