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Executive Director meets with Prime Minister of Australia to discuss urgent energy challenges facing Asia-Pacific region
…Climate and Energy Minister and address to high-level audience in Great Hall of Parliament House IEA Executive Director Fatih Birol met today with Prime Minister Anthony Albanese of Australia and other senior government figures in Canberra to discuss the significant energy market challenges facing the Asia-Pacific region due to the war in the Middle East, as well as measures that could help ease pressures on consumers. The effective closure of the Strait of Hormuz amid the conflict has slowed a significant portion of the world’s oil and gas flows to a trickle. While the consequences are global…
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How the crisis is reshaping energy investment
…higher oil prices, oil investment is expected to decline for a third consecutive year in 2026. The report finds that uncertainty over the duration of the price spike, long 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 the highest level in a decade, supported by a wave of new LNG export projects.
The report finds growing interest among fuel-importing countries in energy sources available domestically, including renewables, nuclear power and, in some cases, coal…
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New podcast episode delves into evolving relationship between energy and AI
…and analysis, they discuss what has changed since they first appeared on the podcast to discuss energy and AI a year ago – from developments in AI technology and how it is used to the range of physical bottlenecks, including for energy, now constraining AI’s expansion and sparking a scramble for solutions.The Everything Energy podcast offers insights and perspectives from the IEA on leading global energy issues. In recent episodes, IEA experts have unpacked a number of topics linked to the ongoing energy crisis stemming from the war in the Middle East, including the disruptions to oil markets, the…
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Joint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group
…job losses as well. Some oil and gas producers in the Middle East have also seen a dramatic loss of export revenue.The situation remains very uncertain, and shipping through the Strait of Hormuz is yet to normalize. Even after a resumption of regular shipping flows through the Strait, it will take time for global supplies of key commodities to move back towards their pre-conflict levels—and fuel and fertilizer prices may remain high for a prolonged period given the damage to infrastructure. Due to supply disruptions, shortages of key inputs are likely to have implications for energy, food…
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Close to 30% of cars sold this year are set to be electric as countries and consumers respond to energy crisis
…The report, out today, examines key market and policy trends related to the deployment of electric vehicles and charging infrastructure, as well as the implications of growing EV adoption for electricity, oil and emissions. Amid the major energy crisis stemming from the war in the Middle East, the new Outlook also presents initial data for the early months of 2026 and considers the consequences of the crisis for EV policy and market development.In 2025, global electric car sales grew by 20% to exceed 20 million, meaning that a quarter of all new cars sold worldwide were electric. In around…
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The IEA’s largest ever emergency oil stock release
The global oil market is facing the most severe disruption in its history, with the war in the Middle East largely halting energy flows through the Strait of Hormuz, a critical trade chokepoint. In response to this disruption, IEA Member countries agreed to release 400 million barrels of oil from their emergency stocks – the largest collective action since the Agency’s founding more than 50 years ago. In this special episode, IEA Director of Energy Markets and Security Keisuke Sadamori puts the stock release in context and answers key questions about the decision and its implementation.
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New podcast episode examines hydropower’s major role in electricity systems around the world
…surging around the world, she highlights the benefits hydropower could deliver across both advanced and emerging economies and discusses what is needed to overcome key barriers. The episode is available now on Apple Podcasts and Spotify.The Everything Energy podcast offers insights and perspectives from the IEA on leading global energy issues. In recent episodes, IEA experts have unpacked the evolving relationship between energy and AI, as well as a number of topics linked to the ongoing energy crisis stemming from the war in the Middle East – including the disruptions to oil markets, the IEA’s historic release of emergency oil stocks, and 10 options to help…
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New podcast episode focuses on the risks in critical mineral supply chains
…s Critical Minerals Division, also joins the episode to share the latest data and analysis on the subject, as well as how the IEA is bringing countries together to tackle supply risks.The Everything Energy podcast offers perspectives on a wide range of leading global energy issues. In recent episodes, IEA experts have tackled an array of angles related the current energy crisis stemming from the war in the Middle East, including 10 measures that could help shelter consumers from the effects of higher oil prices, how the crisis is rippling across Southeast Asia, and the growing disruptions to oil markets.
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New podcast episode looks at impact of cooking fuel shortages on world’s most vulnerable
…pressure, with global LPG supplies severely disrupted by the conflict in the Middle East.The latest episode of the IEA’s Everything Energy podcast explores this topic. Available on Apple Podcasts and Spotify, it features IEA energy analysts Marina Petrelli and Arthur Rogé, who discuss the latest developments in LPG markets – and what price increases and supply shortages have meant for vulnerable communities, particularly in emerging and developing economies. They also speak about the impact of the market turbulence on expanding clean cooking access, particularly in sub-Saharan Africa.The Everything Energy podcast offers insights and perspectives from the IEA on leading global energy issues…
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France 2026 International collaborations - G7
IEA contributions to the G7 In 2026, France holds the Presidency of the Group of Seven (G7), with a focus on addressing global imbalances and creating mutually beneficial partnerships. France’s cross-cutting G7 priorities as announced by President Emmanuel Macron include: Resolving major geopolitical crises Strengthening the resilience of critical mineral value chains Fighting against organized crime and illicit flows Establishing new rules for global g...