International Energy Agency Director Birol said on Thursday that if the US and Iran cannot make efforts to improve the oil transportation situation in the Strait of Hormuz as soon as possible, the world should be concerned about energy security. “Oil safety remains a critical issue,” Birol said during a Foreign Relations Committee event. “If things don't improve in the next few weeks, we should be worried, and so will I.”

International Energy Agency Director Birol said on Thursday that if the US and Iran cannot make efforts to improve the oil transportation situation in the Strait of Hormuz as soon as possible, the world should be concerned about energy security. “Oil safety remains a critical issue,” Birol said during a Foreign Relations Committee event. “If things don't improve in the next few weeks, we should be worried, and so will I.”