IEA | Egypt Oil & Gas

IEA: Global Energy Markets Unlikely to Return to Pre-War Levels in 2027

Global energy markets are unlikely to return to pre-war conditions in 2027 as the conflict involving Iran continues to disrupt supplies, drive up oil and refined-product prices, and intensify concerns over winter fuel...

IEA: Record Tanker Freight Costs Push Asian Refiners’ Margins Into Negative

Record-high tanker freight rates have pushed profit margins for Asian oil refineries processing medium-sour crude into negative territory in September, as rising transportation costs increase the price of delivered cr...

IEA Warns: Diesel Supply Tightness Could Persist Into 2027

Global diesel supply constraints could persist into 2027 as disruptions to Middle Eastern and Russian exports, reduced refinery output, and declining inventories leave markets struggling to meet demand ahead of peak w...

IEA to Work Out Details of G7 100 mmbbls of Oil Release

The International Energy Agency (IEA) is expected to work out the details of a planned 100 million-barrel (mmbbl) release of crude oil and petroleum products from emergency reserves at a meeting next week, as markets ...

G7 Unveils 100 mmbbl Reserve Release to Ease Energy Market Pressures

The Group of Seven (G7) nations will coordinate the release of 100 million barrels (mmbbl) of diesel and other energy reserves through the International Energy Agency (IEA) to help stabilize global energy markets, Reu...

US Warns of Possible Exit from IEA Over Climate Policy Disputes

The US could withdraw from the International Energy Agency (IEA) if the organization fails to align with Washington’s priorities on climate policy, US Energy Secretary Chris Wright said on September 23. Speaking at a ...

Egypt’s US LNG Imports Surge 236% YoY to Record 86 bcf in June

Egypt’s liquefied natural gas (LNG) imports from the United States (US) reached a record high of 86.05 billion cubic feet (bcf) in June 2026, surging 236% year-on-year (YoY) as Cairo expanded spot-market purchases to ...

IEA warns Mideast Conflict Puts Oil, Gas Routes at Risk

The International Energy Agency (IEA) is warning that escalating Middle East tensions are increasing uncertainty in global oil and gas markets. Hostilities threaten the Strait of Hormuz and regional energy infrastruct...

IEA Urges Restoration of Strait of Hormuz Oil Flows to Safeguard Energy Security

The International Energy Agency (IEA) Executive Director Fatih Birol warned that global energy security could face growing risks if the US and Iran fail to restore oil flows through the Strait of Hormuz in the coming ...

IEA Raises Concerns Over EU Methane Rules’ Impact on Oil Imports

The International Energy Agency (IEA) has cautioned that the European Union’s (EU) upcoming methane emissions requirements could significantly reduce the range of crude oil available to European refiners, raising conc...

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