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IEA OIL RELEASE
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...
- 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...
- Iran war rapidly wiping out the world’s oil stockpile cushionGlobal oil stockpiles are shrinking at a record pace this month, with visible crude and fuel inventories falling by 8.7 million barrels dai...
- Record oil draw from US emergency reserve drives total volumes to two-year lowThe U.S. Department of Energy said a record 9.9 million barrels of oil were released from the U.S. Strategic Petroleum Reserve last week, r...
- 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 ...
- Hormuz shutdown deepens oil crisis; IEA warns of record inventory drop, demand plungeGlobal oil stocks are depleting rapidly. The Iran war is worsening supply disruptions. This situation will continue for months. The market ...
- 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...
- 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...
- War in Iran is causing biggest energy crisis in history, IEA saysThe head of the International Energy Agency declared the conflict between Iran, the United States, and Israel is causing the world's worst ...
- 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...
- Jet fuel supplies are lagging. What does that mean for airlines and travelers?A looming jet fuel shortage in Europe and Asia, triggered by the Iran war and the closure of the Strait of Hormuz, could significantly disr...
- Europe has 'maybe 6 weeks of jet fuel left', energy agency head warnsEurope faces a critical shortage of jet fuel, with only about six weeks of supply remaining, according to the IEA head. The ongoing Iran wa...
- Iran war upends IEA's oil market outlook as global supply and demand to contract in 2026The International Energy Agency forecasts a global oil supply and demand fall due to the Iran war, citing the largest supply disruption in ...
- Taking a stock: Amid oil volatility, India and others keep reserves steadyIndia vs Global Petroleum Oil Reserve Strategy: India is expanding its oil reserves amid global supply concerns. Prime Minister Modi highli...
- Current oil and gas crisis worse than 1973, 1979, 2022 together, says IEA chiefThe oil and gas crisis triggered by Iran’s blockade of the Strait of Hormuz is more severe than the crises of 1973, 1979 and 2022 combined,...
- 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...
- India welcomes IEA decision to release emergency oil stocks amid prevailing crude crisisIndia welcomed the International Energy Agency's decision to release 400 million barrels of emergency oil stocks to counter supply disrupti...
- India ready to support oil markets as IEA agrees record releaseIndia has pledged to support global oil markets by taking appropriate measures, aligning with the International Energy Agency's record 400 ...
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