Is It Time for Energy Rationing to Return?

What: The International Energy Agency is recommending energy rationing due to ongoing conflict in the Middle East and resulting energy shortages.
Why: Energy rationing is expected to help consumers reduce their energy bills, which have been rising due to the shortages.
Signal: Several governments are considering implementing energy rationing measures to mitigate the impact of the shortages.
Target: The IEA aims to reduce global energy consumption by **10%** to alleviate the pressure on energy supplies.
Risk: Energy rationing could lead to economic losses, particularly for industries that rely heavily on energy, such as manufacturing and transportation.