EconomyIEA: Coal demand to rise 1.2% to record 8.94 bln tons in 2026 amid conflict
The International Energy Agency says higher natural-gas prices caused by the Middle East conflict and the Strait of Hormuz blockade are pushing global coal demand up. Demand is now forecast to grow 1.2% in 2026 to a record 8.94 billion metric tons. The 2027 outlook depends on whether LNG shipping through the strait resumes; continued disruption could drive coal demand even higher.
IEA: Coal demand to rise 1.2% to record 8.94 bln tons in 2026 amid conflict