'No one immune to oil price volatility': IEA Chief

• There is one international oil price that affects all countries.
• No country, including the United States and Asia, is immune to oil price volatility.
• High oil prices will have a widespread impact, affecting everybody globally.

Fatih Birol, Executive Director of the IEA, states that no country is immune to the volatility of international oil prices. He warns that high oil prices will universally affect all regions, including the United States and Asia, underscoring a broad economic challenge.