IEA Chief Fatih Birol reaffirmed global electrification priorities despite AI investment concerns, noting 61% of energy investment now targets electricity. He launched a new Asian energy security part
The IEA warned that new EU methane regulations may restrict crude oil imports by over 50% from 2027, potentially raising refining costs and undermining energy security.
IEA Executive Director Fatih Birol warns that ongoing conflict in the Strait of Hormuz threatens global shipments of oil, fertilizer, and natural gas. Vulnerable economies such as Bangladesh, Pakistan
The IEA executive director urged the EU to lift its ban on Arctic oil and gas drilling to enhance energy security amid Russian import reductions. Norway supports new exploration, though opponents argu
IEA Executive Director Fatih Birol urged the EU to lift its Arctic oil and gas drilling moratorium to boost energy security. While Norway supports the move, some investors oppose it due to environment
IEA Executive Director Fatih Birol warns that prolonged closure of the Strait of Hormuz permanently damages trust in global energy trade, citing devastating economic consequences from geopolitical uph
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