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Sheltering From Oil Shocks Introduction and context
The conflict in the Middle East has created the largest supply disruption in the history of the global oil market. The volume of fuel supply offline now is higher than the supply loss during the oil shock of 1973 that led to the IEA’s creation and any disruption since then. Beyond the direct damage to energy infrastructure in the region, the crisis has led to a near halt in tanker movements through the Strait of Hormuz. Crude and oil product flows through the Strait have fallen from around 20 million barrels per day (mb/d) before the conflict to…
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Energy Security
The IEA has been at the heart of international energy security for 50 years – working to avoid, mitigate and manage energy disruptions and crises. While the Agency’s mandate initially centred on oil security, its work has since broadened to include the security of natural gas, electricity and clean energy supply chains.Threats to energy systems are constantly evolving. The IEA continually monitors and analyses these threats, including geopolitical risks, cyberattacks on energy infrastructure, supply chain disruptions and extreme weather events. On 24 and 25 April, 2025, the IEA convened an International Summit on the Future of Energy Security, hosted by the…
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Global Hydrogen Review 2025 Demand
Highlights Global hydrogen demand reached almost 100 Mt in 2024 and is expected to surpass that milestone in 2025. This increase is being driven by demand for industrial products that use hydrogen as a feedstock, rather than being the result of successful implementation of energy and climate policies.Demand is still almost exclusively from established sectors (refining, ammonia, methanol and fossil-based direct reduced iron [DRI]), with demand for new applications (biofuels upgrading, new industrial uses, mobility, power or synthetic fuels) growing but from a very low base – less than 1% of demand.Low-emissions hydrogen use increased by nearly 10…
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Climate Change
The IEA and the UNFCCC are building consensus on actions to deliver 1.5 °C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions under the Paris Agreement – while deepening existing cooperation on data and capacity building. The IEA and the UNFCCC are building consensus on actions to deliver 1.5 °C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions under the Paris Agreement – while deepening existing cooperation on data and capacity building. The global energy system is the bedrock of modern economies and societies – providing power to everywhere we live and work…
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Ajay Mathur
Director General, The Energy and Resources Institute. Dr Ajay Mathur is Director General of TERI, The Energy and Resources Institute in New Delhi, and a member of the Indian Prime Minister’s Council on Climate Change. He previously served as Director General of the Indian Government’s Bureau of Energy Efficiency from 2006 to 2016.
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Tinne Van der Straeten
Minister of Energy, Belgium.
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Austria 2026 Infographic
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Luxembourg 2026 Infographic
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Lithuania 2025 Infographic
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