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The Strait of Hormuz and global LNG supply
How the Middle East conflict is impacting natural gas markets worldwide
An International Energy Agency Newsletter
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Welcome back to Energy Snapshot, the International Energy Agency’s monthly newsletter focused on charts and data. In today’s edition, we look at how the Middle East conflict is affecting global LNG markets.
Were you forwarded this email? You can subscribe here. https://www.iea.org/energy-snapshot
The impacts of the Middle East conflict on oil markets https://www.iea.org/reports/oil-market-report-march-2026 have been in focus over the past week…
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Growth of IEA Family is milestone for global energy governance
…programmes/critical-minerals-security-programme.
“Under the umbrella of knowledge of the International Energy Agency, we have once again seen that international cooperation is key,” said Deputy Prime Minister Sophie Hermans of the Netherlands, who chaired the Ministerial. “Our priority is clear: secure, affordable and sustainable energy – and resilient systems that can endure in an uncertain world."
“This Ministerial Meeting, our largest ever, affirmed the immense value of the IEA at a moment when global energy demand is rising and the challenges facing the energy system are intensifying. In this context, our wide range of objective data and analysis is...
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How the global landscape for energy investment is changing
…newsletter focused on charts and data. In this edition, we look at how energy investment is evolving.
Were you forwarded this email? You can subscribe here. https://www.iea.org/energy-snapshot
This is a crucial moment for global energy investment as the Strait of Hormuz crisis leads countries to review their energy policies, investment priorities and broader strategies, with a strong focus on bolstering their energy security.
With demand for energy services growing around the world, total investment in energy in 2026 is set to reach an all-time high of $3.4 trillion, up from $2.6 trillion…
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IEA responding to major global energy security threat
…oil markets
The IEA is responding to the widespread energy market impacts of the conflict in the Middle East https://www.iea.org/topics/the-middle-east-and-global-energy-markets. The disruptions to oil and gas flows and to energy infrastructure in the region have major implications for energy security and affordability – and for the world economy.
The war in the region that began on 28 February has shrunk energy trade flows through the Strait of Hormuz to a trickle, creating what our Executive Director Fatih Birol has described as “the greatest threat to global energy security in history”…
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The mega batteries transforming power systems
…In these places, batteries are increasingly available to meet demand when it peaks, such as in the late afternoon or early evening.
Battery costs continue to fall, enhancing their competitiveness, and pairing technologies such as solar with battery storage is becoming more common. A large global pipeline of announced projects indicates that interest from investors remains strong.
However, many utility-scale battery projects face multi-year delays in securing grid connection and permitting. Projects can also have uncertain or volatile revenue streams, and they may struggle to access affordable financing. In this context, greater efforts to reduce market barriers and…
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7 certainties about energy for this age of uncertainty
…In today's edition: The 7 key energy trends that decision-markers need to keep in focus; highlighting the multiplication of energy security risks to leaders at the World Economic Forum in Davos; IEA to host the Mission Innovation Secretariat at our HQ; the world’s oil supply enters 2026 with a large surplus; how the global LNG wave is set to affect natural gas markets this year; our Executive Director meets with the King and Prime Minister of Sweden; how to meet India's fast-growing demand for electricity; investment in next-generation geothermal is surging; new podcast episodes…
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How the crisis is reshaping energy investment
…is changing risk perceptions and bolstering moves towards greater diversification. Coming just a few years after the energy crisis centred around Russia’s invasion of Ukraine in 2022, today’s supply shock is expected to leave a lasting imprint on future investment priorities – particularly in Asia and the Middle East, where the impacts of the disruptions to shipping flows through the Strait of Hormuz have been felt most acutely.
The report projects that global energy investment will reach $3.4 trillion in 2026, a slight increase year-on-year. Around $2.2 trillion is expected to go towards grids, storage…
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Supporting countries in the unfolding energy crisis
…2026 report; take our global energy employment survey; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.
Working with leaders in Australia, Japan and beyond to navigate the unfolding energy crisis
The IEA working actively with governments around the world on the response to the widespread energy impacts of the conflict in the Middle East https://www.iea.org/topics/the-middle-east-and-global-energy-markets.
The war in the region that began on 28 February has reduced energy trade flows through the Strait of Hormuz to a trickle. This…
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The energy implications of events in the Middle East
…developments amid events in the Middle East; an extraordinary meeting of IEA governments to review the situation; discussing energy issues with EU leaders in Brussels; rising pressures in a key part of the copper industry; our latest podcast episode with Singapore and Morocco's energy ministers; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.
The IEA is speaking with governments and closely monitoring global energy markets amid the war in the Middle East
The IEA is closely monitoring the situation in the Middle East, including the potential implications of any…
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A deepening crisis in oil markets and beyond
…In today's edition: The latest developments in global oil markets; meetings with the leaders from Canada, Austria and OPEC; the Nigeria government’s request to join the IEA; discussing the establishment of institutional ties with the UAE; the impact of the energy crisis on fuel supplies for cooking; methane emissions and energy security; a new podcast episode on the energy and AI relationship; and more.
Were you forwarded this newsletter? You can subscribe here https://www.iea.org/the-energy-mix.
Global oil stocks are depleting at a record pace as supply losses mount
More than ten weeks after…