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            • Oil Market Report - June 2026

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                • About page

                Energy Business Council StructureStructure

                Dialogue among the IEA, the business community and policymakers The IEA Energy Business Council (EBC) brings together some of the world’s largest companies involved in energy exploration, production and consumption, ranging from oil, natural gas and coal companies to automobile and appliance manufacturers, wind and solar producers and financial institutions. The aim of EBC is to promote dialogue among the IEA, business community and policymakers across a broad range of cross-cutting issues with ...

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                Mission

                The IEA works with governments and industry to shape a secure, affordable and sustainable energy future for all

                • About page

                International Energy Forum International collaborationsInternational collaborations

                An independent and neutral facilitator of open dialogue on energy The International Energy Forum (IEF) is an independent and neutral facilitator of open dialogue on energy with key global oil and gas actors, helping to ensure energy security and transparency. Covering all six continents and accounting for around 90% of global supply and demand for oil and gas, the IEF comprises not only consuming and producing countries of the International Energy Agency (IEA) and the Organization...

                • About page

                RETA International collaborationsInternational collaborations

                An initiative to enhance the capacity of regulators to increase the speed of the clean energy transitions

                • About page

                Strait of Hormuz Oil security and emergency responseOil security and emergency response

                Factsheet Last updated: February 2026 Overview The Strait of Hormuz is a narrow sea passage, separating the Arabian Peninsula and Iran, and connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea. At its narrowest point, the Strait is only 29 nautical miles wide (54 km) and it consists of 2-mile-wide navigable channels (3.7 km) for inbound and outbound shipping as well as a 2-mile-wide buffer zone. The Strait of Hormuz, through which an average of 20 million barrels per day (mb/d) ...

                • About page

                OPEC International collaborationsInternational collaborations

                Organization for Petroleum Exporting Countries The Organization for Petroleum Exporting Countries (OPEC) is an intergovernmental organisation created in 1960 with the objective of co-ordinating and unifying petroleum policies among OPEC Member Countries, to guarantee market stability.Each year, the IEA, the International Energy Forum (IEF) and OPEC organize a Symposium on Energy Outlooks as part of a joint work programme. The symposium gathers senior analysts and delegates from oil companies and...

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                Brazil 2024 International collaborations - G20International collaborations - G20

                IEA Contributions to the G20 IEA Executive Director Fatih Birol (center) with President Luiz Inácio Lula da Silva of Brazil (right) and Minister of Mines and Energy Alexandre Silveira (left). IEA supports energy transition and climate action outcomes in the run-up to the Rio G20 Summit To support sustainable, affordable and secure global energy transitions, the IEA worked in close partnership with Brazil's G20 Presidency in 2024. The Agency is contributing to two new horizontal taskforces, the&n...

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                Industry Technology collaborationTechnology collaboration

                Enabling greater industrial energy efficiency and supporting innovation for cost-effective industrial technologies and system configurations

                • About page

                African Union International collaborationsInternational collaborations

                Promoting the socio-economic development of Africa The African Union (AU), created in 2002, consists of 55 African member states. It aims to promote the socio-economic development of Africa and address the challenges posed by globalization.Based on a history of collaboration, the IEA and the AU agreed in 2018 to a strategic partnership towards a more secure, sustainable and clean energy future for countries across the African continent through a memorandum of understanding. Eradic...

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                Coal Industry Advisory Board StructureStructure

                The Coal Industry Advisory Board (CIAB) is a group of high level executives from coal-related industrial enterprises, established by the International Energy Agency (IEA) in July 1979 to provide advice to the IEA on a wide range of issues relating to coal.Currently, CIAB Members are drawn from 11 countries accounting for just under 80% of world coal production and coal consumption. Members are drawn from major coal producers, electricity producers, other coal consuming industries and ...

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