Hormuz Nat-Gas Shock Revives Coal Trade: IEA
14 Articles
14 Articles
IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply
Soaring LNG prices due to the Strait of Hormuz blockage are prompting economies to shift to alternative energy sources, pushing coal demand to a another record high this year, the International Energy Agency (IEA) said in a new report on Thursday. The surge in LNG prices have pushed markets including China, India, Japan, South Korea, and even Europe, to rely more on coal-fired capacity for electricity generation, the IEA said in its new Coal Mid…
The decline in the supply of liquefied natural gas due to the blockade of the Strait of Ormuz forced countries to increase their use of coal.
Global coal demand hits record high as Iran war cuts gas ...
Global coal demand set to hit record high in 2026 as gas prices drive shift, says IEA
Global coal demand is expected to reach a record high in 2026 as surging natural gas prices and energy market disruptions linked to the conflict in the Middle East have pushed some countries to turn to coal for power generation, according to the International Energy Agency (IEA). The IEA’s Coal Mid-Year Update 2026 forecasts global […]
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