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How the Middle East war has upended oil markets
…global demand would grow by 850,000.
The report emphasises that, while the situation continues to evolve quickly, the resumption of regular flows through the Strait of Hormuz remains the single most important variable in easing the pressure on energy supplies, prices and the global economy. Even once the Strait reopens, it will take time for flows to normalise.
For more in-depth analysis of the situation in oil markets, read the full report https://www.iea.org/reports/oil-market-report-april-2026, which is freely available on our website. We have also released a new Everything Energy podcast…
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Theresa Gebhardt
Caspian and Black Sea Programme Officer.
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Aditya Mittal
CEO, ArcelorMittal.
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Mary Robinson
Chair.
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Global Methane Tracker 2026 Policy trends
Existing policies and regulations would cut energy sector emissions by 25% by 2035 – far short of high-level goals National ambitions to lower emissions have grown significantly in recent years, with many new countries signing onto methane commitments. High-level methane pledges now cover around 80% of global fossil fuel production, up from around 50% in 2021. This includes the Global Methane Pledge (GMP), which today includes more than 150 countries and covers more than 50% of emissions from human activity worldwide. Launched in 2021 at the 26th United Nations Climate Change Conference (COP26), the GMP commits participating countries to…
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Clean Energy Transitions in Emerging Economies
…progress on clean energy transitions, to improve capabilities for data analysis and enable evidence-based policy action;Expand analysis and modelling to empower policy makers, regulators and system operators in priority countries and regions to take better decisions to support a secure and cost-effective decarbonisation of the power sector;Work with priority countries to reduce investment risk and improve cost of capital and financing options, and to help attract investment and improve affordability and the scale of renewable energy sources and their flexibility, while considering potential physical climate risks;Map the global landscape of clean energy innovation through better…
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Energy Sub-Saharan Africa
…and modelling can improve energy access Sub-Saharan Africa is critical for achieving global energy and climate goals Sub-Saharan Africa’s energy future matters for the world, due in part to:The region’s young and rapidly growing population,high projected urbanisation ratesstrong economic growth trendsand vast energy and critical mineral resources.Sub-Saharan Africa will play an increasingly important role in shaping the global energy landscape and achieving global climate goals.Despite this, sub-Saharan Africa is the least understood region in the global energy system. Key barriers include a lack of basic energy demand and supply statistics…
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Talya Vatman
Russia, Caspian and Black Sea Programme Manager.
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Lan Huong Hoang
Analyst.
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Muriel Pénicaud
Ambassador at the Permanent Representative of France to the OECD, Former Minister of Labour.
