The International Energy Agency (IEA) urged demand-side measures to ease consumer impacts from Middle East war disruptions. Reduced Strait of Hormuz flows tightened markets, cutting supply, pushing oil above $100 per barrel and raising refined product prices sharply.
The International Energy Agency's (IEA) member countries could release more oil into the market from strategic stockpiles "as and if needed" after they agreed the largest-ever reserves release last week to offset shortages and a spike in prices, its executive director said.
The government of Romania has formally applied to join the International Energy Agency (IEA), marking a major step in strengthening cooperation with the agency and expanding its role in global energy governance.
The 32 Member countries of the International Energy Agency unanimously agreed to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East.
The world’s energy innovation is entering a security-focused phase, driven by industrial competitiveness and infrastructure resilience, according to the International Energy Agency (IEA). Energy technologies now form multi-trillion-dollar markets, with innovation spanning batteries, transformers, turbines, motors, and heat exchangers.
The global lithium-ion battery market surpassed $150 billion in 2025, growing over 20 per cent from 2024. Batteries are key for automotive, power systems, digital infrastructure, and emerging technologies, becoming foundational to modern economies while raising strategic concerns over supply security and industrial competitiveness.
Alparslan Bayraktar, Turkish Minister of Energy and Natural Resources, discussed potential cooperation opportunities with Fatih Birol, Executive Director of the International Energy Agency (IEA), within the scope of the COP31 climate conference which Turkey is hosting later this year.
India’s bioenergy sector is set to play an important role underpinning the country’s rapidly growing energy markets as robust policy frameworks boost ethanol and compressed biogas production and open new opportunities for biodiesel and sustainable aviation fuels, according to new report from the International Energy Agency (IEA).
Strong investment in energy infrastructure lifted global energy jobs by 2.2 per cent last year, the IEA reports. Employment reached 76 million in 2024, with the power sector driving most growth. The sector created 2.4 per cent of net global jobs despite skilled-labour bottlenecks in key areas worldwide today.
Seventy energy experts convened at the IEA headquarters in Paris for the 7th Joint IEA-IEF-Opec Symposium, discussing global natural gas and coal market developments. Participants included representatives from the energy sector, international institutions, governments, and academia, focusing on future market evolutions.
