Keywords: International Energy Agency


IEA urges member countries to release additional diesel supplies amid tightening markets

The International Energy Agency (IEA) has called on its member countries to consider releasing additional diesel supplies in response to growing concerns over tightening availability and mounting pressure on global energy markets. In a message to member governments ahead of the agency’s governing......

IEA accelerates oil reserve releases amid global diesel supply concerns

The International Energy Agency (IEA) has backed efforts to accelerate the release of oil from strategic reserves, with member governments giving priority to diesel supplies as disruptions continue to put pressure on global fuel markets. The decision forms part of a collective emergency response launched......

G7 agrees to release 100 million barrels as energy markets face renewed pressure

The Group of Seven has agreed to inject up to 100 million barrels from emergency energy reserves into global markets over the next four months, in a coordinated effort to ease mounting pressure on oil and diesel supplies. The decision was reached during a virtual meeting chaired by French President......

IEA cuts oil demand outlook as Middle East crisis weighs on global energy markets

The International Energy Agency (IEA) has lowered its forecast for global oil demand growth as the continuing conflict in the Middle East disrupts production, trade flows and energy markets. The revision reflects growing uncertainty over economic activity and fuel consumption as geopolitical tensions......

IEA warns Russia’s oil refining capacity is under growing pressure

Russia’s oil refining industry is facing growing pressure as Ukrainian drone attacks and Western sanctions increasingly complicate the operation, maintenance and repair of refineries, according to the International Energy Agency (IEA). In its latest monthly assessment, the Paris-based agency lowered......

IEA warns energy disruptions are delivering a major shock to the global economy

The disruption of Russian gas supplies to Europe and growing uncertainty over energy flows through the Strait of Hormuz have delivered a major shock to the global economy, International Energy Agency (IEA) Executive Director Fatih Birol said on Friday. Speaking to journalists in Istanbul during the......

Global oil supply faces sharp decline in 2026 as Strait of Hormuz disruptions weigh on markets

The International Energy Agency (IEA) expects global oil supply to fall significantly in 2026, reflecting the continuing impact of disruptions around the Strait of Hormuz and difficulties affecting crude exports from the Gulf region. According to the agency's latest monthly oil market report, global......

IEA: Morocco strengthens its global position in electric vehicle battery materials

Morocco is emerging as an increasingly important player in the global supply chain for electric vehicle batteries, supported by its substantial phosphate resources, strategic location and expanding industrial base, according to the International Energy Agency’s latest analysis of critical minerals. The......

Morocco strengthens its position in electric vehicle battery supply chains

Morocco is steadily emerging as a strategic player in the global supply chains for electric vehicle batteries, supported by its abundant mineral resources, strategic geographic position and extensive network of trade agreements. According to the International Energy Agency's Global Critical Minerals......