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Fuel report
Jun 2026
Global Hydrogen Review 2026 Executive summary
The conflict in the Middle East has disrupted global production and trade of hydrogen-based products The Middle East is a major producer of hydrogen-based products, and the conflict has strongly impacted their production. The Middle East is home to around one-sixth of global hydrogen production, the majority dedicated to the production of chemicals, fertilisers and refined oil products. The region accounts for more than 10% of global refining capacity, ammonia and urea production, and close to 17% of methanol production. Several refineries and petrochemical plants have halted operations due to supply disruptions and the impossibility of exporting…
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Fuel report
Oct 2025
Gas Market Lessons from the 2022-2023 Energy Crisis Policy response to the crisis
As markets reeled from the drastic reduction in Russian pipeline gas supply to Europe and as global trade and demand patterns shifted, governments did not remain idle. Faced with the spectre of supply shortages, worsening current accounts, and inflation pressure linked to energy imports and rising energy prices for citizens and businesses alike, governments across the main LNG-importing regions rapidly implemented policy and market measures in response to the crisis. Europe The European Union and its member states adopted a number of measures to enhance security of supply and market resilience ahead of the 2022/23 heating season. However…
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Fuel report
Jun 2026
Global Hydrogen Review 2026 Key questions about hydrogen
How has the conflict in the Middle East affected supplies of fertilisers and chemicals made from hydrogen? The conflict in the Middle East has disrupted not only oil and gas flows, but also global supply chains for hydrogen‑based products, particularly fertilisers and chemicals such as ammonia, urea and methanol. These products account for a large share of hydrogen demand, with ammonia and methanol alone representing roughly half of global consumption.The Middle East plays a critical role in global markets for hydrogen-based products, and a large share of its production is dedicated to exports, making the region a major…
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Policy report
Apr 2026
State of Energy Policy 2026 Executive summary
…gas supply disruptions are now legally in place in 60 countries. Since the 1970s, IEA members have been required to hold emergency oil reserves. Today, countries accounting for 95% of global oil imports have adopted stockholding and emergency response legislation, with requirements varying from 16 to 90 days of net imports. More recently, natural gas stockholding requirements have expanded, with gas storage requirements and strategic buffers adopted in close to 30 countries since Russia’s invasion of Ukraine in 2022. Such measures are now in place in importing countries accounting for more than 40% of natural gas imports, compared with 11% in 2010…
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