IEA: Oil Demand Recovers Amid Hormuz Flows, Geopolitical Risks Cloud 2027 Outlook
The IEA's July report shows global oil demand recovering from May lows as Strait of Hormuz flows resume, but renewed US-Iran tensions threaten future marke
Market-moving news and intelligence across global energy markets.
The IEA's July report shows global oil demand recovering from May lows as Strait of Hormuz flows resume, but renewed US-Iran tensions threaten future marke
Oil prices eased on Thursday as markets assessed the escalating US-Iran conflict and its implications for peace efforts and the Strait of Hormuz.
Renewed fighting in the Middle East and fresh US sanctions on Iranian oil exports have pushed Brent crude futures up, challenging the fragile peace framewo
Global natural gas demand is forecast to contract by 0.5% in 2026 due to tighter supply, elevated prices, and Middle East conflict impacts, according to th
The IEA forecasts global natural gas demand will decline by 0.5% in 2026, marking the third annual drop in seven years, driven by Middle East conflict and
Global natural gas demand is set to decline by 0.5% in 2026, marking the third annual contraction in seven years, driven by Middle East conflict and high p
Global natural gas demand is set to contract by 0.5% in 2026, marking the third decline in seven years, driven by tighter supply and elevated prices.
OPEC+ agrees to raise output by 188,000 bpd from August as Strait of Hormuz exports recover, pushing oil prices to pre-war levels.
OPEC+ nations will add 188,000 bpd to August oil output targets, marking the fifth consecutive increase as Middle East tensions ease and crude prices decli
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