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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 triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- Oil crisis: World is set to run out of fuel in July? Here's what International Energy Agency is sayingBrent oil futures were trading around $108 per barrel on Thursday, off their wartime highs of $126 per barrel, but still significantly abov...
- Saudi Arabia March crude exports drop to lowest on record, JODI saysSaudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....
- IEA chief warns commercial oil inventories are depleting rapidly, only weeks leftInternational Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply ...
- Iran seeks India’s role in West Asia peace efforts ahead of BRICS meet; plans new Hormuz shipping frameworkIran welcomes India's efforts to bring peace to West Asia. The nation is creating a new framework for ships passing through the Strait of H...
- Oil price shock from West Asia conflict accelerating shift to renewables: UNFossil fuel advocates have unwillingly given a boost to renewable energy as the war in the Middle East has triggered an oil price shock, UN...
- Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...
- How the Iran war oil and gas supply shock compares with past disruptionsA major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of the Strait of Hormuz. This event is the wo...
- Japan says beginning release of strategic oil reserves as Middle East war hikes pricesJapan has started releasing its strategic oil reserves. This move follows an International Energy Agency agreement to tap stockpiles. The r...
- IEA announces record release of strategic stocks in response to Iran war oil price surgeThe International Energy Agency has announced its largest-ever oil release of 400 million barrels to combat soaring crude prices, driven by...
- IEA proposes largest ever oil release from strategic reserves, WSJ saysIn a bid to curb soaring crude prices amidst Middle East tensions, the International Energy Agency is reportedly planning its largest-ever ...
- G7 energy ministers 'ready' to take 'necessary measures' on oil reservesEnergy ministers of the G7 said on Wednesday they "stand ready" to take "all necessary measures" in coordination with the International Ene...
- India begins talks with IEA for full membershipIndia's bid to join the 31-nation International Energy Agency as a full member has commenced discussions with ministers from member countri...
- IEA members agree 60 million barrel oil stocks release after Russian invasionHalf the volume will come from the United States.
- International Energy Agency invites India to become full-time member: Hardeep Singh Puri"As a natural corollary to the India IEA strategic partnership, Dr Birol invited India to deepen its cooperation with IEA by becoming a ful...
- India inks MoU with IEA for global energy security, sustainabilityThis partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA,...
- Increasing partnership between India & IEA could soon yield full membership: IEA Executive Director Fatih Birol"We hope that after this signing ceremony, the potential pathways to eventual membership will be closely looked into from both sides — New ...
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