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The Latest Breaking News from Fatih Birol

IEA to consider release of more oil reserves as Iran war keeps prices high

Head of world’s energy watchdog says it will take time for markets to recover from ongoing crisis in strait of Hormuz

The Guardian - UK

FTSE 100 ends higher as oil price gains moderate

Nato and other Western allies pushed back on US President Donald Trump’s demand that military alliance members help reopen the Strait of Hormuz.

Evening Standard

IEA Releases 400 Million Barrels from Reserves to Ease Energy Prices

The International Energy Agency released 400 million barrels of oil from reserves to stabilize global energy markets disrupted by the Strait of Hormuz crisis.

International Business Times

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IEA announces historic oil reserve release amid Iran war

It would be the largest joint release in the International Energy Agency's history.

Axios

Largest-ever emergency oil release approved to address Iran war crisis and global supply fears

It’s a larger stock than the 182.7 million barrels that were released in 2022 in response to Russia’s full-scale invasion of Ukraine

The Independent UK

Fuel crisis: Major UAE oil refinery shut after drone attack; global energy body calls 'emergency meeting'

A major UAE oil refinery halted operations following a drone attack, intensifying fears of a global energy crisis. The International Energy Agency is convening an emergency meeting to assess supply risks and consider releasing strategic oil reserves. Escalating attacks on Gulf energy infrastructure are causing severe disruptions across various industries,…

The Times of India

Seven EU ministers ask Commission to keep rules on energy pricing and invest more in clean power

Energy ministers from Denmark, Finland, Latvia, Luxembourg, the Netherlands and Portugal are concerned that the EU executive might change market rules, claiming the decision would undermine investments in clean power. Fears for the future of the bloc's carbon market are also growing.

Euronews

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'Electrifying everything' is key to Europe's future, IEA chief tells Euronews at Davos

The International Energy Agency (IEA) chief told Euronews that safeguarding the continent's energy security and reaching climate goals will be dependent on electrifying "everything" — from energy infrastructure, to transport and buildings.

Euronews

Our Top Technical Strategist Explains How to Invest in the 'Age of Electricity'

From data centers to battery storage, here’s the investment megatrend you need to know for 2026.

Barchart

Rising electricity demand drives urgent need for diverse, resilient energy, IEA says

Renewable energy, led by solar power, will grow faster than any other major source in the next few years, the annual outlooks says.

Euronews

Diverse and resilient energy production is needed to meet future demand, global report says

Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources and supply chains, That's according to a new report by the International Energy Agency

The Independent UK

Global renewable energy generation surpasses coal for first time

Record solar expansion and steady wind growth driving world’s shift away from fossil fuels in 2025, report finds

The Guardian - UK

Rising Heat, AI Boom, and an Aging Grid Could Keep Your Power Bill Climbing

Soaring summer heat, an explosion of AI data centers, a crumbling electrical grid, and a shrinking pool of skilled workers are all driving up electric...

Saving Advice

Global Oil Demand To Dip In 2030, First Drop Since Covid: IEA

Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International Energy Agency said Tuesday.

International Business Times

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The Independent UK

Report: World's supply of critical minerals for clean energy is concentrated in fewer countries

The world’s supplies of critical minerals are increasingly concentrated in just a few countries - most notably China - and subject to export restrictions that could painfully crimp industry and the shifter to greener ways of making things based on electricity instead of fossil fuels

The Guardian - UK

Demand for copper to dramatically outstrip supply within decade

International Energy Agency says it is ‘time to sound alarm’ over future shortages of metal needed for low-carbon transition

Euronews

EU and UK underline commitment to energy transition at London summit

The president of the European Commission has underlined the need for Europe to reduce its dependence on fossil fuels at an energy security summit hosted jointly by the UK government and International Energy Agency, despite US demands for Europe to ramp up LNG imports.

Evening Standard

PM backs ‘homegrown clean energy’ as Government pushes back on net zero critics

Sir Keir Starmer said clean energy is the only way to ensure energy security and drive down bills.

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Evening Standard

UK’s clean power push ‘route to energy security’, says Ed Miliband

The Energy Secretary also shared a message from King Charles which said green energy would make countries’ power systems ‘more resilient and secure’.

Euronews

Why fossil fuels are like renting a home - and solar panel imports soon pay for themselves

Ahead of the IEA’s summit on energy security this week, analysts are emphasising the benefits of solar and wind.

The Guardian - UK

US to impose tariffs of up to 3,521% on south-east Asia solar panels

Ahead of a global summit in London comes a warning that lessons on energy security have not been learnedBusiness live – latest updates

The Guardian - UK

Energy demands from AI datacentres to quadruple by 2030, says report

The IEA forecast indicates a sharp rise in the requirements of AI, but said threat to the climate was ‘overstated’

Euronews

Renewables stepped up to meet surge in energy demand from rising temperatures in 2024, IEA says

Despite some climate-related setbacks, the decoupling of emissions from economic growth is one promising trend.

The Independent UK

Major test case for new geothermal technology launches in small German town

Residents in the German town of Geretsried have long wanted to run their buildings with clean heat and electricity from geothermal energy rather than fossil fuels

Radio France Internationale

IEA forecasts record nuclear electricity production in 2025

Nuclear-powered electricity generation is on track to reach a record high in 2025, with forecasts indicating it will make up nearly 10 percent of global energy production, the International Energy Agency (IEA) said Thursday.

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