Oil rises on intensifying US-Iran hostilities and threat of Red Sea closureOil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran a...
17 Jul, 2026, 07.21 AM IST
China's rare earth curbs put $6.5 trillion of global output at riskChina's rare earth export curbs could endanger trillions in global production. The International Energy Agency suggests multilateral stockp...
17 Jul, 2026, 06.43 AM IST
Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
16 Jul, 2026, 02.25 PM IST
Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
16 Jul, 2026, 07.27 AM IST
IEA says 'unconditionally' re-opening Hormuz vital to end energy crisisThe head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...
16 Jun, 2026, 04.27 PM IST
Loss of energy output in Middle East will take about two years to recover, IEA saysEnergy output in the Middle East will take about two years to recover from conflict losses. Fatih Birol, head of the International Energy A...
18 Apr, 2026, 12.18 AM IST
Global economy under 'major threat' from Strait of Hormuz crisis: IEA chiefThe global economy is under major threat from the ongoing energy crisis. The Middle East war has severely damaged energy assets. Oil prices...
23 Mar, 2026, 08.19 AM IST
IEA: Plenty of oil in market despite West Asia turmoilInternational Energy Agency chief Fatih Birol assured there is ample oil globally. He acknowledged logistical challenges due to the West As...
07 Mar, 2026, 12.03 AM IST
India formally asked to join world energy agency: IEA headThe Indian government signed a formal request to join the International Energy Agency (IEA) and the accession process has now started, said...
13 Feb, 2024, 08.37 PM IST
Global demand for oil, gas to peak this decade: IEAThe "spectacular" expansion of cleaner energy technologies and electric vehicles is expected to cause the demand for oil, gas and coal to p...
13 Sep, 2023, 12.28 AM IST
India will benefit from oil trade reshuffle: IEA chief Fatih Birol"Europe was the main buyer of the Russian products and now Europe must find a new source of import, and India appears to be a favourable ca...
08 Feb, 2023, 12.56 AM IST
IEA may release more oil if needed, says executive directorThe IEA said separately on Thursday that the world will not be left short of oil even with lower output from sanctions-hit Russia.
12 May, 2022, 07.50 PM IST
Put clean energy at heart of stimulus plans: IEA's Birol"Putting clean energy at the heart of stimulus plans is an excellent strategy for revitalising economies while building a more secure and s...
27 Apr, 2020, 05.55 PM IST
April may prove worst ever month for oil industry: IEA's Birol"In a few years' time, when we look back on 2020 we may well see that it was the worst year in the history of global oil markets," said Bir...
15 Apr, 2020, 02.51 PM IST
India faces biggest impact of tensions in Strait of Hormuz: IEAIndia is concerned about tension in West Asia because the country depends on imports for 80% of the oil it consumes.
20 Jul, 2019, 07.09 AM IST
Global oil investments to be 20% less than 2014: IEA chief Fatih BirolLow oil prices have triggered a record cut in exploration investment, which will put upwards pressure on global oil prices, Birol said at t...
03 Oct, 2015, 02.33 AM IST
India to drive global oil demand by 2020: IEA chief economist Dr Fatih BirolBy 2035, India’s oil consumption will exceed 8 mbpd, says IEA chief economist Dr Fatih Birol.
13 Nov, 2013, 05.08 AM IST