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            • Oil Market Report - June 2026

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                • News

                • 25 Jun 2026

                New podcast episode examines the energy world on the eve of the current crisis

                …the energy landscape look like just before the shock dealt by the 2026 war in the Middle East? What were the major trends – and what might they tell us about what comes next?The latest episode of the IEA’s Everything Energy podcast explores these questions. Available now on Apple Podcasts and Spotify, it features IEA energy analyst Alex Martinos – one of the lead authors of the Global Energy Review 2026, which provides a comprehensive assessment of global energy trends in 2025. He highlights important developments across fuels, technologies, the electricity sector and emissions last year, along with the potential implications for the current energy…

                • News

                • 20 Apr 2026

                Global energy demand growth was met by diverse range of sources in 2025, led by solar and then gas

                PR Global Energy Review 2026 The world’s energy demand increased more slowly last year against a complex economic and geopolitical backdrop, but electricity use continued to rise strongly, latest IEA analysis shows Global energy demand grew at a slower pace in 2025 than the year before, but electricity consumption continued to rise much faster than overall demand – with solar PV becoming the largest contributor to growth in global energy supply for the first time, according to a new IEA report.The latest edition of the IEA’s Global Energy Review, published today, provides a comprehensive global assessment of trends…

                • News

                • 12 Jan 2026

                IEA to host Mission Innovation Secretariat in step to enhance international energy technology cooperation

                …in 2015 with the goal of helping to make advanced energy technologies affordable, attractive and accessible for all. It meets annually at Ministerial level, bringing together a large network of governments and partner organisations under the leadership of its 24 Members: Australia, Austria, Brazil, Canada, Chile, China, Denmark, the European Commission, Finland, France, Germany, India, Italy, Japan, Korea, Morocco, the Netherlands, Norway, Saudi Arabia, Spain, Sweden, the United Arab Emirates, the United Kingdom and the United States.“I am delighted to welcome Mission Innovation to the IEA, and I would like to thank the Member governments of MI for their…

                • Newsletter

                • May 2026

                What are the biggest sources of energy today?

                …It met 27% of the world’s energy demand growth in 2025 – the first time a modern renewable source covered the largest portion of growth. Natural gas covered the next largest share, at 17%, reflecting its big role in power generation in many countries. Overall, renewable sources and nuclear met nearly 60% of all growth in energy demand in 2025.
                The strong contributions of low-emissions sources in meeting rising demand was particularly visible in the electricity sector, where annual consumption increased by 3% – more than twice as fast as overall energy demand.
                Renewables – led by the boom in solar…

                • Newsletter

                • Feb 2026

                Growth of IEA Family is milestone for global energy governance

                …in international energy governance – and to expanded cooperation on critical minerals through the IEA’s Critical Minerals Security Programme https://www.iea.org/programmes/critical-minerals-security-programme.
                “Under the umbrella of knowledge of the International Energy Agency, we have once again seen that international cooperation is key,” said Deputy Prime Minister Sophie Hermans of the Netherlands, who chaired the Ministerial. “Our priority is clear: secure, affordable and sustainable energy – and resilient systems that can endure in an uncertain world."
                “This Ministerial Meeting, our largest ever, affirmed the immense value of the IEA at a moment when global energy demand…

                • Newsletter

                • Mar 2026

                IEA responding to major global energy security threat

                …part of the IEA’s international energy diplomacy efforts, our Executive Director is in close contact about the situation with governments around the world, including major energy producers and consumers. He was also invited by France, which holds the G7 Presidency, to take part in recent meetings of G7 Finance Ministers https://www.iea.org/news/statement-by-iea-executive-director-fatih-birol-on-his-participation-in-a-meeting-of-g7-finance-ministers and of Energy Ministers https://www.iea.org/news/statement-by-iea-executive-director-fatih-birol-on-meeting-of-g7-energy-ministers-at-iea-headquarters about the…

                • Newsletter

                • Apr 2026

                Supporting countries in the unfolding energy crisis

                …subscribe here https://www.iea.org/the-energy-mix. 
                Working with leaders in Australia, Japan and beyond to navigate the unfolding energy crisis
                The IEA working actively with governments around the world on the response to the widespread energy impacts of the conflict in the Middle East https://www.iea.org/topics/the-middle-east-and-global-energy-markets. 
                The war in the region that began on 28 February has reduced energy trade flows through the Strait of Hormuz to a trickle. This has created what amounts to “the greatest threat to global energy security in history,” according to our…

                • Newsletter

                • Mar 2026

                The energy implications of events in the Middle East

                …LNG in the months ahead.
                An extended loss of output from the Ras Laffan facility in Qatar could significantly exacerbate this market tightness. Production was shut down following an Iranian attack on the facility on 2 March.
                The IEA is continuously assessing the energy security implications of the current situation in coordination with governments around the world.
                For more information, we have a dedicated web page https://www.iea.org/topics/the-middle-east-and-global-energy-markets on the situation in the Middle East and the implications for global energy markets, which we are updating regularly with new information…

                • Newsletter

                • May 2026

                A deepening crisis in oil markets and beyond

                …the steepest losses are concentrated in the petrochemical sector, where feedstock availability is becoming increasingly constrained. Aviation activity is also running well below normal levels. The report sees higher prices, a deteriorating economic environment and demand-saving measures further weighing on global oil consumption in the months ahead.
                Read the report https://www.iea.org/reports/oil-market-report-may-2026 and learn more about the energy crisis and the IEA's response, visit our dedicated topic page https://www.iea.org/topics/the-middle-east-and-global-energy-markets. We also launched a new interactive data tool https://www...

                • Newsletter

                • Apr 2026

                Tackling rare earth supply risks

                …fuel, material or technology, it creates significant energy and economic security risks. For rare earths, this came into clear view last year, when China introduced export controls on numerous rare earth elements, as well as on related compounds and magnets. This resulted in significant short-term disruptions: some manufacturers outside China faced difficulties in securing key inputs and, in certain cases, had to reduce production.
                Although some export licenses were eventually granted, manufacturers around the world remain concerned that supply chains could once again come under pressure. If the export controls China has announced were to be fully implemented, up…

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