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Tag: IEA

World Bank, IMF, IEA coordinate response to Middle East war shocks

International energy and finance leaders met Monday to synchronize their response to the Middle East war, warning that high fuel and fertilizer prices threaten...

Mideast war threatens energy crisis worse than 1970s oil shocks

Tehran, Iran—The world faces an energy crisis worse than both 1970s oil shocks combined if the Middle East war drags on, the head of the...

Mideast oil shock ‘largest’ in history as Iran hits new Gulf targets

Tehran, Iran—The Middle East war has caused the biggest oil supply shock in history, the International Energy Agency warned Thursday, as Iran launched a new...

Oil tops $100 as Iran attacks offset IEA stockpile release

Hong Kong, China—Oil soared above $100 and stocks sank Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats to bring...

IEA asks ASEAN to develop critical minerals to boost energy security

SINGAPORE—The International Energy Agency (IEA) is urging Southeast Asian countries to develop and expand their critical minerals industry with the aim of boosting energy...

US energy agency: PH posts highest RE growth in Southeast Asia

A report by the International Energy Agency (IEA) shows that while Vietnam will remain the largest renewable energy market in the Southeast Asian region,...

Renewable electricity to outstrip coal next year—IEA

Paris, France—The amount of electricity produced from renewable sources worldwide is set to surpass output from coal-fired plants for the first time in 2025,...

High fossil fuel use putting UN climate targets out of reach: IEA

By Nathalie ALONSO Paris, France -- The International Energy Agency warned Tuesday that energy policies must evolve if global warming is to be limited to...

IEA trims forecast on oil demand as interest rates bite

PARIS, France—The IEA trimmed its forecast for 2023 oil demand for the first time this year as macroeconomic headwinds including higher interest rates bite,...
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