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Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...- Iran war is a 'wake-up call' for Southeast Asia's energy sector, report saysA war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...
- Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
- Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
- Diversify critical mineral supply chain or face disruption, warns IEAThe International Energy Agency (IEA) warned that the global reliance on a few countries, mainly China, for mining and processing critical ...
- Electric cars key to India's energy independence, says IEA chiefIEA Executive Director Fatih Birol advises India to prioritize electric vehicle adoption to enhance energy security and reduce reliance on ...
- India should focus closely on mobility electrification: IEA executive directorIEA Executive Director Fatih Birol advises India to prioritize electric mobility to ensure its energy security and reduce reliance on oil i...
- EV sales to continue growing despite trade uncertainty: IEAGlobal electric vehicle sales are surging. The International Energy Agency projects EVs will be 25% of car sales this year. China leads the...
- Shift toward EVs, particularly in China, could disrupt global oil market, energy report saysThe global shift to electric vehicles, led by China, is set to significantly impact the oil market, potentially reducing oil demand by up t...
- 2024 forecast to set new record for electric car sales: IEAIEA foresees 2024 as a groundbreaking year for electric car sales, especially in China. The global electric vehicle sector is poised for si...
- Electric car sales to rise but affordability in focus, IEA saysIEA predicts 17 million electric car sales in 2024 amid economic challenges. China to buy 10 million. Affordability, infrastructure, and oi...
- How electric vehicles are accelerating the end of the oil ageGlobal EV sales now make up about 13% of all vehicle sales and are likely to rise to between 40%-45% of the market by the end of the decade...
- Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head saysTensions in the Middle East, coupled with the energy crisis and geopolitical uncertainties, could accelerate the transition towards renewab...
- Demand for electric cars 'booming': IEAThe International Energy Agency (IEA) said the rapid electrification of road transportation will have big implications for the energy indus...
- Global spending on e-cars near to $280 bn in 2021: IEA reportLed by considerable increases in China and Europe, consumer and government spending on electric cars doubled in 2021.
- Electric car sales soar but raw materials a concern: ReportSupplies of lithium are inadequate if electric vehicles are to replace those internal combustion engines. The IEA estimates a six-fold jump...
- Electric car sales rose 41% in 2020, despite COVID-19 hurting global car salesElectric cars made up 4.6% of overall car sales in 2020. Consumers spent $120 billion, 50% more than the previous year, to buy a record 3 m...
- EVs could plateau global oil demand by 2030, forecasts IEAThe kingdom acknowledged the risk of peak demand in the prospectus for the initial public offering.
- Electric vehicles on the road are set to triple in two yearsThe findings illustrate the speed at which the world’s transportation system is shifting toward cleaner fuels as governments focus on limit...
- Scintillating electric car market goes from zero to 2 million in five yearsA multi-government program called the Electric Vehicle Initiative on Thursday will set a goal for 30 percent market share for battery power...
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