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The Middle East and Global Energy Markets
The IEA is responding to the energy market impacts of the conflict in the Middle East and continues to closely monitor the latest developments.The disruption to oil and gas flows through the Strait of Hormuz and attacks on energy infrastructure across the region have major implications for energy security and affordability – and for the world economy. The IEA's Executive Director has said the combined impacts amount to "the greatest threat to global energy security in history." The war in the region that began on 28 February has impeded energy trade flows through the Strait, creating the largest supply disruption in…
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Gergely Molnar
Energy Analyst – Natural Gas.
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Sustainable Transport for Georgia: A Roadmap Transport in Georgia: Taking stock
Status and key developments Transportation is a key contributor to Georgia’s economic growth. Economic activity associated with transport and warehousing in the country has grown rapidly, outpacing gross domestic product (GDP). Between 2010 and 2022, transport’s contribution to GDP nearly tripled, increasing from 1.4 billion GEL (520 million USD) to 4.1 billion GEL (1.52 billion USD). In 2023, transport and storage combined contributed 6.5% to Georgia’s GDP.Transport and storage employed around 8% of Georgia’s workforce in 2023. Cargo movements spurred by Russia’s 2022 full-scale invasion of Ukraine pushed up…
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World Energy Investment 2025 Middle East
The Middle East is rich in a wide range of energy resources, which it is looking to develop with a mix of foreign and domestic sources of investment The Middle East holds some of the lowest-cost oil and gas resources in the world, and in 2024 provided around 30% of global oil production and 17% of global natural gas production. Saudi Arabia’s upstream oil and gas investment is the highest in the region, and is set to reach about USD 40 billion in 2025, nearly 15% higher than in 2015. Overall, the Middle East is set to invest about USD 130 billion…
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Global EV Outlook 2026 Cutting through the noise
Cutting through the noise
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Illustrative levelised cost of heating for hybrid systems in Germany, 2024
Illustrative levelised cost of heating for hybrid systems in Germany, 2024 industrial heat commentary
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Claude Turmes
Minister for Energy and Minister for Spatial Planning. Claude Turmes was appointed Luxembourg’s Minister for Energy and Minister for Spatial Planning in December 2018. He previously held the position of Secretary of State for Sustainable Development and Infrastructures. He was a member of the European Parliament for almost 20 years, serving as rapporteur for the Energy Efficiency Directive and the Renewable Energy Directive.
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Stavroula Evangelopoulou
Former Energy Technology Analyst – Hydrogen.
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Niels Berghout
Former Energy Analyst.
