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The Nexus
BUSINESSMay 7 · 19:59 UTCBLOOMBERGMelissa Shin

IEA Head Calls on Canada to Move Faster on Energy Amid Supply Shock

The International Energy Agency's executive director, Fatih Birol, calls on Canada to accelerate its energy development amid a global supply shock. The International Monetary Fund has downgraded its growth projection due to a major oil shock triggered by the war in the Middle East. This conflict may lead to a downturn if it persists and severely damages energy infrastructure.

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