The International Energy Agency (IEA) has issued a dire warning, stating that the global economy is on the brink of collapse if a war with Iran were to break out. The agency's head emphasized the catastrophic consequences of such a conflict, highlighting the devastating impact on the global economy.

The IEA's warning comes as tensions between the US and Iran continue to escalate, with the US imposing sanctions on Iran's oil exports and Iran threatening to close the Strait of Hormuz, a vital shipping route. The agency's head stressed that a war with Iran would have far-reaching consequences, including a significant increase in oil prices, a decline in global economic growth, and a potential recession.

The IEA's warning is a stark reminder of the potential consequences of a war with Iran. The agency's head emphasized the need for diplomacy and dialogue to resolve the conflict peacefully, rather than resorting to military action. The global economy cannot afford the devastating consequences of a war with Iran, and it is imperative that all parties work towards a peaceful resolution.