21 articles
US military efforts to secure the Strait of Hormuz face limitations against Iranian threats, driving up oil prices and triggering International Energy Agency warnings that a closure could disrupt the
Oil prices surged following renewed US-Iran strikes, with Brent rising above $78 per barrel amid uncertainty over the Strait of Hormuz's openness. The International Energy Agency warned the escalation
The International Energy Agency announced $900 million in new investment pledges for clean cooking in Africa, aiming to improve energy access and reduce reliance on polluting fuels like LPG and biomas
The International Energy Agency warns that escalating U.S.-Iran hostilities could disrupt its forecast of a 2027 oil market surplus. Global supply rose in June but remains significantly below pre-war
The International Energy Agency approved Nigeria's membership as an Association Country, marking the fastest accession in its history. This move expands IEA's global energy demand coverage to over 80%
The International Energy Agency forecasts U.S. spending on coal and gas power plants will reach $50 billion this year, surpassing China for the first time in decades. This trend indicates a major shif
IEA Chief Fatih Birol predicts the Iran energy crisis will accelerate global electrification as nations seek energy security and protection from fossil fuel price shocks.
The U.S. Department of Energy plans to loan up to 40 million barrels of crude oil from the Strategic Petroleum Reserve to stabilize fuel prices. This initiative involves borrowers returning the oil pl
The IEA reports global natural gas investment will surge over 10% to $330 billion in 2026, reaching a decade-high despite declining upstream oil spending. Middle East disruptions are accelerating shif
The International Energy Agency (IEA) launched an updated 'Energy Crisis Policy Tracker' covering 109 nations. It focuses on demand-side energy conservation and consumer protection measures amidst the
The U.S. dispatched crude oil from its Strategic Petroleum Reserve to the Philippines, the first such shipment to Asia in over three years. This action aids International Energy Agency efforts to stab
The IEA warns that global oil markets face a severe crisis by July due to Middle East supply disruptions and high summer demand. Escalating prices threaten economic stability and food security, prompt
The International Energy Agency reports global oil inventories are depleting at a record pace due to supply losses exceeding 1 billion barrels from the Strait of Hormuz disruption, severely impacting
Trump reiterated military threats against Iran before meeting Xi, driving energy market volatility as Strait of Hormuz tensions threaten oil supplies. IEA reports record inventory declines while UAE g
The U.S. is dispatching its first Strategic Petroleum Reserve crude oil shipment to Turkey to help stabilize prices amid Middle East tensions. This action supports a coordinated International Energy A
IEA Executive Director Fatih Birol warns oil and gas production recovery could take up to two years due to conflict damage in the Persian Gulf, impacting global supply and energy-importing economies.
The International Energy Agency cut its 2026 global oil demand forecast by 80,000 barrels per day, noting significant drops in Asia and the Middle East. Supply disruptions in the Strait of Hormuz push
Romania has formally requested membership in the International Energy Agency to enhance energy security and align policies with global standards, subject to council approval.
The International Energy Agency confirmed 32 members agreed to release 400 million barrels of strategic oil reserves amid supply tensions from Middle East conflicts. IEA Chief Fatih Birol noted furthe
Due to continued blockages in the Strait of Hormuz, oil prices surged over 9% while US stocks fell sharply. The International Energy Agency warned of severe supply disruptions, prompting analysts to l
The International Energy Agency announced that 32 member countries agreed to release 400 million barrels of strategic oil reserves to address global supply tensions caused by military strikes on Iran.
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