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Gas demand expected to decline for first time since 2022, says IEA. · Cyprus Report

Energy · World

Gas demand expected to decline for first time since 2022, says IEA.

1 sourceFirst reported 14 days agoUpdated 14 days ago

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According to the International Energy Agency (IEA), global gas demand is expected to decline for the first time since the energy crisis of 2022.
The anticipated drop in demand is attributed to increased gas prices resulting from the ongoing conflict in Iran.
The IEA's analysis indicates that the impact of the Iran war is significant enough to alter long-term energy consumption trends.
The forecast highlights the broader implications of geopolitical tensions on global energy markets.
Industry experts are closely monitoring changes in demand as they assess potential future trends in gas pricing.

Generated by AI from the 1 sources below · always verify with the originals

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Gas Demand Set for First Drop Since 2022 on Iran War, IEA SaysBloomberg · 14 days ago

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AI summary: catch up in 20 seconds

According to the International Energy Agency (IEA), global gas demand is expected to decline for the first time since the energy crisis of 2022.
The anticipated drop in demand is attributed to increased gas prices resulting from the ongoing conflict in Iran.
The IEA's analysis indicates that the impact of the Iran war is significant enough to alter long-term energy consumption trends.
The forecast highlights the broader implications of geopolitical tensions on global energy markets.
Industry experts are closely monitoring changes in demand as they assess potential future trends in gas pricing.

Generated by AI from the 1 sources below · always verify with the originals