International Energy Agency (IEA)
International organization
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View Timeline →IEA Lowers Oil Supply and Demand Projections Due to Iran Conflict
The International Energy Agency (IEA) has revised its oil supply and demand forecasts downward due to the ongoing conflict in Iran. This situation involves Iran's…
IEA Warns of Strained Global Oil Refining Due to Iran and Ukraine Conflicts
The International Energy Agency (IEA) has issued a warning that the global oil refining system is operating at maximum capacity due to the ongoing conflicts…
IEA Warns U.S.-Iran Tensions Will Postpone Oil Flow Recovery Into Next Year
The International Energy Agency (IEA) reports that escalating tensions between the U.S. and Iran will hinder the recovery of oil flows into next year. This…
Global Demand for Coal Reaches New Record
Global coal consumption is set to hit a record high due to increased demand driven by rising natural gas prices and the effects of a…
IEA Warns of Energy Supply Risks Amid Escalating Iran Conflict
The International Energy Agency (IEA) has issued a warning regarding potential risks to global energy supplies due to escalating conflicts involving Iran. This situation could…
IEA Chief Warns of Global Energy Security Risks Due to Strait of Hormuz Crisis
Fatih Birol, the chief of the International Energy Agency (IEA), has warned that the ongoing crisis in the Strait of Hormuz poses a significant threat…
IEA Warns of First Annual Decline in Global Oil Demand Due to US-Iran Conflict
The International Energy Agency (IEA) warns that global oil demand is expected to decline for the first time since the Covid-19 pandemic due to disruptions…
Global Oil Demand Anticipated to Decline for First Time Since 2020, IEA Reports
The International Energy Agency (IEA) has reported that global oil demand is expected to experience its first annual decline since 2020. This decline is significant…
Iran's Fuel Crisis Disrupts Africa's Clean Cooking Initiatives, Warns IEA
The ongoing conflict in Iran is causing fuel shocks that are impacting Africa's efforts to promote clean cooking solutions. The International Energy Agency (IEA) has…
OECD Oil Stocks Hit Lowest Level Since 1990 Amid Persian Gulf Tensions
Oil inventories in OECD countries have dropped to their lowest level since 1990 due to governments utilizing strategic reserves amidst supply disruptions caused by tensions…
IEA Chief Warns of Oil Market Instability Due to Ongoing Iran Crisis
The International Energy Agency (IEA) chief has warned that the ongoing crisis in Iran is pushing oil markets towards a 'red zone,' indicating potential instability.…
How does the current global oil crisis compare with the 1973 oil embargo?
The current US-Israeli war on Iran has caused the biggest oil disruption in history, with Iran strangling transit through the Strait of Hormuz, halting over…