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2026-09-11T09:02:59.737Z

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IEA predicts worsening oil supply gap in 2026

IEA predicts worsening oil supply gap in 2026

The International Energy Agency anticipates that the global oil supply deficit will worsen by 2026, as Europe remains almost entirely dependent on imported oil, putting it under significant pressure. Meanwhile, the Panama Canal is seeking to reinvent global trade through a new route with doubled capacity, aiming to strengthen the flow of goods passing through it. The global markets are experiencing growth in the electric vehicle sector, while central bank digital currencies are facing setbacks. For further cooperation, the UAE is looking to intensify its strategic partnership with Germany.

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