# The International Energy Agency warns should there be no progress on ending the Middle Eastern war, the oil market risks will enter a red zone by the end of July. Attacks on energy infrastructure and the effective closure of the Strait of Hormuz have removed more than 14-million barrels of Middle Eastern oil supply per day. Executive director Fatih Birol says this war has created the largest supply crisis in history:
IEA chief warns global oil market could enter the danger zone by July [SOUND]
ENG BirolOnRedZone