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Global oil production recovers as Hormuz shipments resume, IEA says

- Partial restoration of Hormuz oil flows boosts June output, but regional production remains well below levels seen before the conflict

11:45 Oil

IEA chief says Strait of Hormuz has lost its reliability despite diplomatic breakthrough

- Energy watchdog chief says Gulf producers are racing to bypass Hormuz, while an open strait could lead to an oil supply glut next year

19.06.2026 Energy Diplomacy

Global oil supply 13.6 million bpd below pre-war levels in May, says IEA

- IEA cuts 2026 oil demand forecast as conflict-driven disruptions push global consumption lower, expects rebound as Gulf output recovers in second half of year

17.06.2026 Oil

EVs to make up nearly 30% of global car sales in 2026: IEA

- Global EV fleet could expand from nearly 80 million vehicles today to as many as 510 million by 2035, according to IEA

20.05.2026 General

IEA chief warns of a deepening energy crisis as oil prices surge

- 'World is facing a major energy and economic challenge,' says head of International Energy Agency

30.04.2026 General

Egypt ends early closing hours policy imposed amid energy crisis caused by Iran war

- Government says decision canceled after nearly one month, while other energy-saving measures remain in place

27.04.2026 General

European, Asia-Pacific nations warn of 'serious additional risks' over Hormuz disruption

- 'The past weeks have brought unacceptable loss of life and significant disruption to the global economy and financial markets,' says joint statement

15.04.2026 General

International Energy Agency warns rare earth supply diversification lags rising global demand

- Report says demand for magnet rare earths doubled since 2015, set to rise more than 30% by 2030 - China dominates mining, refining, magnet production as IEA urges faster diversification, investment

09.04.2026 General

Greece launches fuel subsidy as energy prices surge

- 'Fuel pass' targets drivers after war-driven spike in petrol costs

06.04.2026 General

Europeans urged to work from home, cut highway speeds amid energy crisis

- EU energy chief warns disruptions could persist even if conflict eases

01.04.2026 General

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Ireland rules out introducing 'COVID-like restrictions' to tackle energy crisis amid Iran war

- If the war ended today, it would take a year to fix damage done to infrastructure, says Deputy Prime Minister Simon Harris

31.03.2026 General

IEA stock release to impact oil markets gradually amid logistics delays, experts say

- IEA stock release helps stabilize global oil supply in short term, but long-term market balance depends on the resumption of flows from Persian Gulf

17.03.2026 General

IEA launches record oil stock release after historic supply disruption

- IEA chief Fatih Birol says Middle East war has caused the largest oil supply loss in history, exceeding the 1973 crisis, as 400 million barrels are released to stabilize markets

16.03.2026 Oil Finance International Relations

Middle East tensions threaten biggest oil supply disruption in history, IEA says

- Global oil supply set to plunge 8 million bpd in March as Hormuz flows collapse, 2026 demand outlook revised lower

12.03.2026 Oil

IEA proposes record oil stockpile release amid Middle East conflict: Report

- Plan for 300M–400M barrel release from emergency reserves could mark largest coordinated stockpile draw in history as governments seek to calm volatile oil markets amid Mideast conflict, says Bloomberg

11.03.2026 Oil

Hormuz blockade pushes regional gas exporters to seek alternative routes

- Strait closure exposes structural limits of bypass routes, disrupting 20 million barrels per day of oil and 20% of global LNG trade

04.03.2026 General

Rising energy demand, limited finance, and technology strain emerging economies

- AI-driven data centers, cooling needs, and expansion of electric vehicles are adding further pressure on energy systems, Turkish energy minister says

20.02.2026 General