Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Hess exits deepwater exploration block in Suriname – Oil & Gas 360

July 10, 2025

Proposed oil spill response will measure rate of evaporation

July 10, 2025

Bousso – Oil & Gas 360

July 10, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » IEA Head: The World Must Prepare to Address Energy Security Threats
OPEC Announcements

IEA Head: The World Must Prepare to Address Energy Security Threats

omc_adminBy omc_adminJuly 10, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Governments and policy makers must better anticipate and prepare for energy crises before they happen, drawing from past experience and increasing diversification of supply, predictability in policy, and international cooperation, Fatih Birol, Executive Director at the International Energy Agency (IEA), said on Thursday.

Many tools to tackle energy security today have been developed after crises have hit in the past. Such was the case with the creation of the IEA itself following the Arab oil embargo in the 1970s and with the emergency stockpiles of oil to fend off similar crises.

“Many of the tools we have come to rely on today originally came from actions taken to strengthen energy security after a crisis has hit,” Birol wrote in an article on LinkedIn.

“And in this lies an important lesson – we must better anticipate and prepare for energy crises before they happen, particularly in fast-evolving areas like critical minerals and technology supply chains, electricity and digital security, and climate resilience.”

The IEA praised policies for emergency oil and gas stockpiles in recent years. But the agency has now turned its focus on greater diversification in critical minerals and rare earths supply, as a handful of countries – led by China – have an oversized market share in the supply of materials critical to the global economy, manufacturing, and clean energy advancements.

The heavily concentrated supply of critical minerals in a handful of countries and China’s export controls are raising the risk of “painful disruptions” in the market, the International Energy Agency (IEA) warned in May in its annual report, Global Critical Minerals Outlook.

Despite major deals and government support in the West for building domestic supply chains, China has raised its market share over the past few years, the IEA’s report found.

The average market share of the top three refining nations of key energy minerals rose from around 82% in 2020 to 86% in 2024 as some 90% of supply growth came from the top single supplier alone: Indonesia for nickel and China for cobalt, graphite, and rare earths, the IEA said.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Trump Tariff Comments Trigger Oil Price Decline

July 10, 2025

Europe Braces for Rising Gas Demand after Price Volatility Hits 2021 Low

July 10, 2025

OPEC: The World Will Need an Extra 19.5 Million Bpd Refining Capacity by 2050

July 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Proposed oil spill response will measure rate of evaporation

By omc_adminJuly 10, 2025

ASTM International is developing a standard (WK92298) that will provide a procedure to measure the…

Mach enters Permian, San Juan basins with $1.3 billion in acquisitions

July 10, 2025

Ørsted Raises $2.75B for Taiwan’s Greater Changhua 2 Offshore Wind Project

July 10, 2025

EU Parliament Rejects Deforestation Country Risk List, Escalating Pressure on EUDR Rollout

July 10, 2025
Top Trending

Iberdrola, Masdar to Co-Invest Over $6 Billion in UK Offshore Wind Project

By omc_adminJuly 10, 2025

ISS STOXX Launches New Climate Data Solution for Sovereign Portfolios

By omc_adminJuly 10, 2025

Guest Post – Inside Our Fundraise: Lessons from a Climate VC

By omc_adminJuly 10, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Elon Musk’s Grok 4 Predicts Dodgers to Win World Series

July 10, 20250 Views
Our Picks

EnergyX Expands Acreage in Smackover Lithium Region

July 10, 2025

Chevron Shifts from Local to Centralized Hubs to Cut Costs

July 10, 2025

Trafigura’s Greenergy Plans to Close UK Biodiesel Plant

July 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.