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            • Oil Market Report - June 2026

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                • Topic

                Energy Security

                …2025, the IEA convened an International Summit on the Future of Energy Security, hosted by the UK government in London. The event gathered world leaders to address traditional and emerging risks related to energy security in an era of geopolitical strains, technological transformation and a changing climate.  Oil security One of the IEA's core missions is to ensure oil supply security through market monitoring, stockholding requirements and collective actions The IEA was founded in 1974 to ensure oil supply security. While much has changed in the global energy landscape since then, the security of oil supply remains a pressing concern for…

                • Country

                Ukraine

                Ukraine is a key country for European and global energy security. Russia’s invasion of Ukraine has pushed it to fundamentally reshape its past dependence on energy imports from Russia.
                As the invasion continues, Ukraine is focused on tracking large-scale energy supply disruptions and actively working to recover power and heating for civilians. It is also putting together an ambitious recovery and reconstruction plan, with a strong focus on energy security. In the medium-term, Ukraine’s energy strategy remains focused on European integration, while it aims to an energy system that is ready for a Net Zero future…

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                • + 5 pages

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                • Country

                Belarus

                …dependence, particularly on natural gas from a single supplier. The government is contemplating attractive investment measures and fuel diversification to reduce natural gas consumption and include more coal and renewables into the country's energy mix, while developing local energy sources and introducing nuclear power.

                Belarus has also prioritized improving energy efficiency in electricity and heat production and is phasing out subsidies for electricity, heat and gas, which is expected to make the energy sector more market-focused and investor-friendly. Belarus is part of the EU4Energy Programme, an initiative focused on evidence-based policy making for the energy sector.

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                • + 5 pages

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                • Commentary

                • 08 Jun 2026

                International collaboration continues to power innovation in energy technologies

                …Many of the original initiatives remain active today, continuously evolving to meet emerging technological breakthroughs and global energy challenges. The newest TCP – established earlier this year – focuses on Critical Minerals and Material Recovery, an increasingly important topic for policymakers and technology developers.  This week, representatives of the TCPs are convening at the IEA’s headquarters in Paris for the sixth Universal TCP Meeting. Participants will focus on priorities for strengthening international collaboration on innovation and the role that innovation plays in supporting governments’ ambitions to achieve a secure, sustainable and affordable energy future. The meeting will also welcome the Mission…

                • Country

                Lebanon

                The government of Lebanon launched the "National Energy Efficiency and Renewable Energy Action" in 2010 a mechanism dedicated to the financing of green energy projects in the country. Private sector entities can apply for subsidised loans for any type of environmentally friendly projects.

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                • + 5 pages

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                • Country

                Algeria

                Algeria is a large oil and gas producer and exporter. In 2015, the country updated its Renewable Energy and Energy Efficiency Development Plan to 2030, and put greater focus on the deployment of large-scale renewables, including solar PV and onshore wind installations, through various incentive measures.

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                • Newsletter

                • Apr 2026

                How the Middle East war has upended oil markets

                …Time 100 list; how the energy and AI nexus is evolving; tackling supply chain risks for rare earth elements; and more ...
                Newsletter of the International Energy Agency
                Click here [Weblink] to view in your browser
                Welcome back to the Energy Mix. In today's edition: Our latest assessment of the situation in global oil markets; discussing the energy and economic impacts of the Middle East war with leaders; our Executive Director on the Time 100 list; tackling supply chain risks for rare earths; new analysis on the evolving relationship between energy and AI; the state of global energy policy; and more…

                • News

                • 28 May 2026

                Impacts of Middle East conflict set to reshape energy investment plans as disruptions put focus on security

                …project lead times, supply chain constraints and tighter offshore rig markets are limiting near-term spending responses outside the Middle East. At the same time, natural gas investment is projected to rise to $330 billion, the highest level in a decade, supported by a wave of new LNG export projects, particularly in the United States and Qatar. In this episode of the IEA's Everything Energy podcast, IEA experts Cecilia Tam and Kirsten Smith share key findings from the World Energy Investment 2026 report. The report highlights growing interest among fuel-importing countries in energy sources available domestically including ren...

                • News

                • 07 May 2026

                Executive Director meets with Prime Minister of Canada on energy market turmoil amid Middle East conflict

                …event where they spoke about topics such as the importance of reliable energy supplies and how to develop more diverse critical mineral supply chainsThe Executive Director then travelled to Toronto for meetings there, including with Canada’s Minister of Finance François-Philippe Champagne with whom he discussed recent energy market and economic developments amid the Middle East conflict. In Toronto, Dr Birol also took part in the Canada Growth Summit 2026 at which Canada’s Public Policy Forum honoured him with the Global Laureate Award for his significant contributions to energy security and policy making.During his visit to Canada…

                • Newsletter

                • Jun 2026

                How the global landscape for energy investment is changing

                …our recent World Energy Investment 2026 https://www.iea.org/news/impacts-of-middle-east-conflict-set-to-reshape-energy-investment-plans-as-disruptions-put-focus-on-security report shows.
                Energy security is moving higher up the global agenda as a result of two major energy crises this decade. The latest shock, triggered by the war in Middle East, is encouraging investment in a range of projects that diversify suppliers or routes to market, including ways to reduce reliance on the Strait of Hormuz.
                It is also reinforcing interest among fuel-importing countries in energy sources available domestically – including renewables…

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