International Energy Agency Executive Director Fatih Birol has warned that global energy prices are unlikely to return to pre-war levels anytime soon, projecting persistent high costs through at least 2027. Speaking at a recent energy conference, Birol highlighted that structural shifts in the global liquefied natural gas market and ongoing geopolitical tensions continue to strain supplies. Although renewable energy capacity is expanding rapidly, the transition period leaves energy consumers vulnerable to sustained volatility. Consequently, both households and industries must brace for a prolonged era of elevated utility and fuel expenses as the energy landscape undergoes a profound transformation.