IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic
The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the…
Iran War Undermines Trust in Hormuz Transit, IEA Warns
IEA Executive Director Fatih Birol speaks at the National Press Club in Canberra, Australia, on March 23. (Lukas…
‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone
Even as the U.S. and Iran hold a fragile ceasefire, the global energy crisis shows no sign of…
Strait of Hormuz Traffic Grinds to a Halt Again as Iran Fires on Passing Ships
Traffic via the Strait of Hormuz has been paralyzed again, with Bloomberg reporting there was only one vessel…
IEA: Strait of Hormuz Has Lost Its Status as Reliable Energy Route
The Middle East war and the crisis at the Strait of Hormuz could redraw the global energy map…
IEA: Oil product flows through the Strait of Hormuz plunge
IEA has taken a look into the energy market impacts of the Middle East conflict, focusing on disruptions…
Iran oil crisis is the worst energy shock ever recorded. World leaders aren’t ready, says IEA chief
The oil crises of the 1970s prompted a range of policy changes that still exist today. For one,…
Gulf war must end to avert deeper energy crisis
Global oil and LNG supplies are disrupted following the closure of the Strait of Hormuz, which carries nearly…
Oil Jumps as Tankers in Iraq Hit, IEA Fails to Ease Supply Fears
Bloomberg (Bloomberg) — Brent crude rallied back toward $100 a barrel after two tankers were attacked in Iraqi…