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Fuel report
Jun 2026
Global Hydrogen Review 2026 Executive summary
…Gulf has also been hit by attacks, further limiting export capabilities. The production of hydrogen-based fuels outside the Middle East has been affected, particularly in Asia, where countries are very dependent on natural gas imports from the Middle East – one-quarter of ammonia production in Bangladesh, India and Pakistan uses natural gas imported from the region. As a consequence of these disruptions, global markets for fertilisers, refined products and chemical products are suffering shortages and price volatility.Global fertiliser markets have been particularly affected, with potential implications for the food supply chain. The closure of the Strait of Hormuz…
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- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Fuel report
Jul 2026
Gas Market Report, Q3-2026 Executive summary
Global natural gas demand is expected to decline in 2026 amid tighter supply fundamentals The Middle East crisis has dealt a major supply shock to global natural gas markets. The gradual easing in market balances that had been underway since the second half of 2025 was significantly disrupted by the de facto closure of the Strait of Hormuz following the outbreak of the war in the Middle East at the end of February 2026. The disruption of liquefied natural gas (LNG) flows through the Strait – which had accounted for almost 20% of global LNG supply – resulted in strong price volatility…
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Fuel report
Mar 2026
Sheltering From Oil Shocks Air transport fuels
Jet fuel demand accounts for around 7% of global oil demand. Jet fuel markets look to be particularly vulnerable to an extended loss of Middle East production and exports, given limited flexibility elsewhere to increase output. 8. Avoid air travel where alternative options exist Description: Travel for work accounts for a large share (between 20% and 40%) of aviation activity. In many cases, travel for work can be temporarily substituted by virtual meetings. A reduction of around 40% of flights taken for work purposes is feasible in the short term, while maintaining productivity.Impact: Very high voluntary participation to work…