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            • Oil Market Report - June 2026

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              All content Reports Data & Tools News & Events
              Authors Countries Energy system Newsletters Policies Programmes Sectors Topics
                • Contributor

                Eric Buisson

                Critical Minerals Analyst.

                • Contributor

                Vaibhav Chaturvedi

                Economist at the Council on Energy, Environment and Water.

                • Contributor

                Mette Frederiksen

                Prime Minister.

                • Contributor

                Julio Friedmann

                Chief Scientist at Carbon Direct.

                • News

                • 26 Mar 2026

                Executive Director meets with Prime Minister of Japan to discuss energy security amid war in Middle East

                …s core mission of ensuring energy security has become more important than ever, with oil and gas flows through the Strait of Hormuz dwindling to a trickle amid the current conflict. While the consequences are global, the impacts are currently being felt most acutely across the Asia-Pacific region, which is the destination for the vast majority of fuel exports from the Middle East via the Strait.The Prime Minister expressed her gratitude to Dr Birol for his longstanding support and advice for Japan’s energy policy making – and for the IEA’s expanding work on critical minerals supply security…

                • Contributor

                Roberto Cingolani

                Minister for Ecological Transition.

                • Programme

                Critical Minerals Security Programme

                …Party on Critical Minerals oversees the implementation of the Programme. Table-Top Exercises The export controls on rare earth elements enacted in 2025 caused major consequences for critical minerals and manufacturing supply chains across the world, with some automotive production plants having to temporarily halt production. This served as a wake-up call for the world on critical minerals security. These developments underscore the urgent need to increase emergency preparedness to any future supply shocks.The IEA has been conducting regular tabletop exercises (TTX) with member governments, simulating realistic supply shocks for specific materials. The exercises aim to enhance emergency preparedness…

                • Newsletter

                • Apr 2026

                How the Middle East war has upended oil markets

                …iea.org/about/oil-security-and-emergency-response/strait-of-hormuz.
                To mitigate the immediate impact of these supply disruptions, consumers and refiners have tapped oil inventories. However, where stocks cannot fully bridge the gap, demand has taken a hit. Most notably, Asian petrochemical producers have curtailed operating rates as feedstock supply has dried up. Households and businesses using liquefied petroleum gas have also been impacted, while flight cancellations across the Middle East and parts of Asia and Europe have led to a sharp drop in jet fuel consumption.
                As a result, the report forecasts that global oil demand will…

                • Data set

                Life Cycle Upstream Emissions Factors 2025

                Life cycle upstream emission factors corresponding to national electricity grids The IEA is disseminating this database including life cycle emission factors corresponding to national electricity grids. The database aims to assess and compile reliable data to provide a global harmonized database on an annual basis.This database complements the IEA Emissions Factors 2025 database which includes emission factors corresponding to direct combustion at the point of electricity generation.Data is published in an excel format and includes three main sheets with a set of life cycle emission factors corresponding to electricity generation. The factors are described below:Total upstream emission factors (in…

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                Data set
                • Contributor

                Rena Kuwahata

                Energy Analyst – Power System Transformation.

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