The quiet release of an emergency energy playbook has sparked global concern, with some warning to 'get ready for lockdown 2.0' if fuel shortages worsen.
The guidance comes from the International Energy Agency (IEA), which last week released its report 'Sheltering From Oil Shocks' outlining 10 steps countries could take if supplies tighten.
The report was issued in response to the ongoing conflict in the Middle East, which has all but choked off traffic through the Strait of Hormuz, one of the world's most critical oil routes, triggering fears of prolonged shortages and soaring fuel prices.