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Istanbul World
WORLD2026-03-2819:00:00 UTC

Briefing: Is It Time for Energy Rationing to Return?

Editorial Staff · 1 min read

Recent fluctuations in crude oil prices have drawn attention to the potential need for energy rationing as a demand management strategy.

Currently, crude oil is priced at $75 per barrel, and forecasts suggest a 10% increase over the next month, raising concerns about energy affordability and availability.

Historically, energy rationing was a response to crises, notably during the 1970s oil crisis, and its reimplementation could have significant implications for energy infrastructure and consumption patterns.