IEA

Also written as: International Energy Agency

Involved in

• The IEA authorised a release of 400 million barrels from emergency reserves, the largest in its history

Statements attributed to it

• LNG exports through the Strait of Hormuz represent nearly 20% of all global LNG trade

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• China, India, Japan and South Korea absorb the vast majority of Hormuz crude flows

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• Bangladesh, India and Pakistan collectively imported nearly two‑thirds of their LNG through the Strait of Hormuz

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• About 84% of crude shipments through the Strait of Hormuz in 2024 were headed to Asian markets

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• About 93% of Qatar's and 96% of the UAE's LNG exports transit the Strait of Hormuz

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• The IEA authorised a release of 400 million barrels from emergency reserves, the largest in its history

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Voices are counted, never weighed. This is a record of what this entity has been recorded as saying — not a measure of whether it is right.

Origin: first recognised while reading The Strait of Hormuz and the Goods That Flow Through It · 2026-09-11 22:14