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Everything Energy

Everything Energy

How the energy world entered this crisis

Jun 25, 2026 · 23 min · 12 segments

What did the global energy landscape look like just before the outbreak of the war in the Middle East sent shockwaves through energy markets in March? What were the major trends – and what might they…

What did the global energy landscape look like just before the outbreak of the war in the Middle East sent shockwaves through energy markets in March? What were the major trends – and what might they tell us about what comes next? In this episode, IEA energy analyst Alex Martinos discusses the findings from the Global Energy Review 2026, which provides a comprehensive assessment of global energy trends in 2025. He highlights important developments across fuels, technologies, the electricity sector and emissions, along with the potential implications for the current energy context.

What did the global energy landscape look like just before the outbreak of the war in the Middle East sent shockwaves through energy markets in March? What were the major trends – and what might they…

Speakers: Alex MartinosGuestDan HewittHost

Show signals: SuitabilitySafeBiasNot politicalAudience≈283k followers

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Top entities: Europe×10 United States×12 India×13 Daniel Hewitt×6 Ukraine×3

Opening & Guest Introduction0:00 – 1:04

0:00

[upbeat music] Welcome back to the IEA's podcast, Everything Energy.

0:08

I'm Dan Hewitt.

0:09

This week, the Global Energy Review 2026.

0:13

Past energy crises have changed the way the world uses energy, from the price shocks of the 1970s to Russia's invasion of Ukraine in 2022.

0:22

They've pushed the world towards new energy sources and changed our understanding of energy security.

0:28

But what were the big energy trends on the eve of the 2026 war in the Middle East? The IEA's latest Global Energy Review shows the amount of energy we were using, which fuels and technologies met this demand, and how that picture varied in different regions around the world.

0:45

But how could data on where we've been help our understanding of where the world is heading next? Helping me unpack some of the report's key findings is the IEA's Alex Martinus, an energy analyst and one of the report's key authors.

1:00

[upbeat music] Okay, Alex, thank you for joining us today.

Read the full transcript.

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EuropeContinentContinent
97%10 mentions
United StatesCountryCountry in North America
92%12 mentions
IndiaCountryCountry in South Asia
86%13 mentions
Daniel HewittPersonBritish journalist
81%6 mentions
UkraineCountryCountry in Europe
75%3 mentions
ChinaCountryCountry in East Asia
69%23 mentions
Middle EastAdministrative AreaRegion
64%6 mentions
EnergyEntity
58%1 mention
International Energy AgencyCompanyIntergovernmental organization
53%9 mentions
European UnionAdministrative AreaSupranational political union
47%5 mentions
Fatih BirolPersonExecutive director of the International Energy Agency
42%2 mentions
Electric vehicleEntityAutomotive class
36%4 mentions
RussiaCountryCountry
31%2 mentions
Sub-Saharan AfricaAdministrative AreaArea in Africa
25%2 mentions
Southeast AsiaEntityRegion in Asia
19%1 mention
AlaskaAdministrative AreaUS state
8%1 mention
Caspian SeaLakeLake
8%1 mention
North SeaBody of WaterSea
8%1 mention

Global Energy TrendsGovernment > International Relations
Energy TechnologyTechnology
International RelationsGovernment
Energy EconomicsEconomics
Renewable TechnologiesTechnology > Energy Technology
Solar PowerTechnology > Energy Technology > Renewable Technologies
Global Energy ReviewEnergy
Energy Demand GrowthEconomics > Energy Economics
Energy and EmissionsEnvironment
Carbon EmissionsEnvironment > Energy and Emissions
Environment
Economics
Technology
Government
Energy
Energy DemandEnergy > Global Energy Review
Renewable EnergyEnergy > Global Energy Review > Energy Demand
Electricity DemandEnergy > Global Energy Review > Energy Demand > Renewable Energy
Fossil FuelsEconomics > Energy Economics > Energy Demand Growth
Natural GasEconomics > Energy Economics > Energy Demand Growth > Fossil Fuels
Regional Energy AnalysisGovernment > International Relations > Global Energy Trends
China Energy SectorGovernment > International Relations > Global Energy Trends > Regional Energy Analysis
US Energy SectorGovernment > International Relations > Global Energy Trends > Regional Energy Analysis > China Energy Sector
Impact of Energy SourcesEnvironment > Energy and Emissions > Carbon Emissions
Climate ChangeEnvironment > Energy and Emissions > Carbon Emissions > Impact of Energy Sources
Electric VehiclesTechnology > Energy Technology > Renewable Technologies > Solar Power

Opening & Guest Introduction0:00 – 1:04

0:00

[upbeat music] Welcome back to the IEA's podcast, Everything Energy.

0:08

I'm Dan Hewitt.

0:09

This week, the Global Energy Review 2026.

0:13

Past energy crises have changed the way the world uses energy, from the price shocks of the 1970s to Russia's invasion of Ukraine in 2022.

0:22

They've pushed the world towards new energy sources and changed our understanding of energy security.

0:28

But what were the big energy trends on the eve of the 2026 war in the Middle East? The IEA's latest Global Energy Review shows the amount of energy we were using, which fuels and technologies met this demand, and how that picture varied in different regions around the world.

0:45

But how could data on where we've been help our understanding of where the world is heading next? Helping me unpack some of the report's key findings is the IEA's Alex Martinus, an energy analyst and one of the report's key authors.

1:00

[upbeat music] Okay, Alex, thank you for joining us today.