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            • Oil Market Report - June 2026

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                • News

                • 20 Mar 2026

                New podcast episode delves into IEA’s historic release of emergency oil stocks

                …war in the Middle East.Now available on Apple Podcasts and Spotify, the episode features IEA Director of Energy Markets and Security Keisuke Sadamori, who unpacks the decision, explaining how it was made and what happens now. He also puts it into historical context and highlights why this crisis has amounted to the biggest shock to global oil markets in history.For more details on the emergency stock release, you can read our latest press release here.The Everything Energy podcast offers perspectives on a wide range of leading global energy issues.Previous episodes cover the vast potential of geothermal energy, nuclear energy’s comeback…

                • Country

                Bahrain

                Bahrain's energy supply comes largely from the exploitation of its domestic fossil fuels resources. The country is also a major producer and exporter of oil, petroleum products and natural gas.

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                • + 5 pages

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                • Country

                Armenia

                Imports of oil and gas cover 77% of Armenia’s energy needs. Current energy policy is focused on developing indigenous energy sources, mainly renewable, and on replacing the country’s main nuclear reactor. Energy Efficiency policy has also become a bigger priority as energy security and reliability remain key focus areas. Armenia is part of the EU4Energy Programme, an initiative focused on evidence-based policymaking for the energy sector.

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                • + 5 pages

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                • Country

                Tunisia

                Tunisia mostly relies on gas imports to meet its primary energy needs: almost 97% of its electricity generation came from gas in 2016. However, energy policy puts the emphasis on renewable energy. Electricity generation from wind power strongly increased since 2014.

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                • Commentary

                • 13 Feb 2026

                Global battery markets are growing strongly – and so are the supply risks

                …importance is increasing across key sectors including autos, power, data centres and beyond The global lithium-ion battery market exceeded USD 150 billion in 2025, an increase of over 20% from 2024, but its economic and strategic significance extends far beyond market size. Batteries are becoming a cornerstone of the automotive sector, a critical source of flexibility for power systems, and an increasingly important source of back-up power for digital infrastructure, including data centres and artificial intelligence.Beyond energy, batteries remain indispensable for a wide range of industrial and strategic applications, from portable electronics and unmanned defence systems to…

                • Country

                Iraq

                Iraq holds abundant oil and gas resources and has strong solar PV potential. Its production to 2030 is set to be third largest contributor to global oil supply. By the same year, the government expects that renewable capacity will amount for 5% of the country’s total system capacity.

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                • Topic

                Climate Change

                …s energy sector to reach net zero emissions by mid-century, limiting global warming to 1.5 °C, as called for by the Paris Agreement, and avoiding the worst effects of climate change.The rapid growth of some clean energy technologies in recent years – including electric cars, solar PV and batteries – has kept the door to 1.5 °C open. Yet meeting this target would require much faster progress on a much larger scale, IEA analysis shows – with even greater international co-operation and ambition from policy makers, as well as the swift and full implementation of the energy commitments…

                • Country

                Oman

                Oman’s energy supply is entirely generated by nationally-produced natural gas and oil products and the country is a large exporter of oil and gas. The government has recently launched the “Residential PV Initiative" to foster the private use of solar PV.

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                • Country

                Morocco

                …electricity for its rural population, and it is developing the country’s significant renewable energy resources. However, progress in reducing the energy intensity of Morocco’s economy is more difficult to achieve. While the share of renewables in electricity is progressing fast, its share in total final consumption (TFC) decreased considerably over the past decade, given the expanding energy demand. Morocco has only renewable energy targets for electricity. With a view to meet SDG 7, which seeks a substantial increase in the share of renewable energy in the global energy mix (measured in TFC) by 2030, the government is encouraged…

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                • + 5 pages

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                • Country

                Egypt

                Egypt has initiated a number of energy sector reforms, gradually reducing electricity subsidies and introducing feed-in tariffs to promote renewable energy production. The energy sector reforms recently initiated by the country have resulted in a significant increase in investments which have boosted electricity production over the last 5 years and ensured a stable supply across the country.
                Egypt also has plans to increase the share of renewables in the electricity mix to 42% by 2035.

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                • + 5 pages

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