TREE NEWS reports: The International Energy Agency said Thursday that global coal demand is expected to grow 1.2% in 2026 to a record 894 million tonnes, driven by the Middle East conflict. In its latest coal report, the IEA said oil and LNG shipments through the Strait of Hormuz have been disrupted since the US-Iran conflict began, raising prices and prompting countries with gas-fired plants and idle coal capacity to burn more coal.
IEA Expects Global Coal Demand to Rise 1.2% in 2026 on Middle East Conflict
AI take
The IEA's forecast is a reminder that energy-transition trajectories remain hostage to geopolitics: a supply shock in oil and LNG can revive coal demand even as decarbonization targets tighten. The beneficiaries are coal-exporting regions and utilities with idle coal capacity, while gas importers exposed to Middle East routes absorb the cost. Whether the coal uptick outlasts the shipping disruption is the open question — if Hormuz flows normalize, the demand bump could prove temporary rather than structural.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
3m ago
China’s Financial Regulatory Administration to Crack Down on Price Wars, Illegal Rebates
6m ago
Iran official calls US sanctions on 27 airlines ‘economic terrorism’
8m ago
China CSRC Vice Chairman Li Chao: Shanghai-Shenzhen IPO Review Now Averages Six Months
11m ago
China’s FX Regulator to Push Bank FX Business Reform in 2026-2030
14m ago
China Securities Regulator Vows Wider Opening, Backs Firms Using Domestic and Overseas Markets
14m ago
China’s Mid- and Long-Term Funds Boost A-Share Holdings by 12.5% Since End-2025