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            • Oil Market Report - June 2026

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                • Programme

                Technology Collaboration Programme

                …independent, international groups of experts that enable governments and industries from around the world to lead programs and projects on a wide range of energy technologies and related issues. These experts collaborate to advance the research, development, and commercialization of energy technologies.For nearly five decades, since its establishment in 1975 shortly after the launch of the International Energy Agency (IEA), the program has played a key role in advancing energy technology and fostering international collaboration.To date, more than 80 collaborative initiatives have been launched, covering nearly every aspect of energy technology - from renewables and smart grids to hydrogen…

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                GEF Global E-Mobility Programme International collaborationsInternational collaborations

                About the programme The GEF funded Global E-Mobility Programme was launched at COP26 in 2021 with the IEA as one of the supporting executing agencies. UNEP has the overall responsibility for the Programme that stretches for 6 years with the aim to support low- and middle-income countries with their shift to electro-mobility. The IEA’s role is to lead the development of written and online tools aimed to build knowledge and networks around policies for electric light-duty vehicles and charging in...

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                Oil security and emergency response

                Ensuring quick and effective response to major supply disruptions Ensuring energy security has been at the centre of the IEA’s mission since its creation in 1974, following the oil crisis in 1973. Today, the global oil market remains vulnerable to a wide range of risk factors, including natural disasters, major technical accidents, and geo-political tensions. As oil is expected to remain a major component of global energy demand for the coming decades, particularly for the tran...

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                Membership

                The IEA family is made up of 32 Member countries, 13 Association countries, and 6 Accession countries seeking IEA membership

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                Electricity Technology collaborationTechnology collaboration

                Activities relating to innovation in electricity systems, such as smart grids, demand-side management and superconductivity technology

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                APEC International collaborationsInternational collaborations

                Asia-Pacific Economic Cooperation (APEC), established in 1989 in response to strong economic growth across the region, is an economic forum for 21 Asia-Pacific economies.The IEA participates actively in APEC summits, organises trainings and provides information, especially on energy efficiency and energy technology, to support APEC in efforts to promote sustainable growth. In 2017, the IEA published the paper Tracking Fossil Fuel Subsidies in APEC...

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                Transport Technology collaborationTechnology collaboration

                Research and analysis of technologies such as fuel cells, EVs, emission reductions in combustion as well as advanced materials and fuels

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                UNFCCC International collaborationsInternational collaborations

                United Nations Framework Convention on Climate Change Supporting the United Nations Framework Convention on Climate Change is central to the IEA’s work to promoting international collective action on climate change. The IEA attends the Conference of the Parties (COP) to provide expert advice and support on all facets of energy policy.This includes:Conveying the latest IEA research and providing countries with information on IEA tools and resources available to support energy

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                Asian Development Bank International collaborationsInternational collaborations

                Supporting economic and social growth across Asia The Asian Development Bank is an international development finance organisation supporting economic and social growth across Asia.In 2007, the Asian Development Bank and IEA held joint workshops and cooperated on events such as the first Methane to Markets Partnership Conference and Expo in 2007 that took place in China. More recently, in 2017 the IEA and the Asian Development Bank expanded their co-operation in...

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                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) ...

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