International Energy Agency & Barclays

International Energy Agency: The International Energy Agency's recommendation that no new fossil fuel projects should be developed is cited in the report, underscoring the contradiction between scientific advice and bank financing practices.

Barclays: Barclays is identified as the UK's top financier of fossil fuels in 2025, committing USD34 billion, ranking 8th globally. While its financing decreased by 5% last year, it remains a significant contributor to fossil fuel expansion, facing scrutiny from environmental groups.

International Energy Agency: The International Energy Agency has warned about rapidly declining commercial oil stocks and the significant supply disruption caused by the effective closure of the Strait of Hormuz due to the Iran war.

Barclays: Barclays maintained its 2026 average Brent crude oil price forecast at $100, indicating expectations of sustained high prices.

International Energy Agency: The IEA warned of a global energy crisis due to the conflict and reported supply disruptions.

Barclays: Barclays analysts warned oil markets are complacent about supply risks.

International Energy Agency: The IEA coordinated a strategic reserve release to stabilize markets, but reserves are depleting.

Barclays: Barclays provided data on oil flows through the strait.

International Energy Agency: The International Energy Agency>>> provided estimates on the projected growth of electricity generation for data centers, highlighting the increasing strain on resources due to AI, which underscores the need for efficient power solutions.

Barclays: Barclays is acting as financial advisor to Empower Semiconductor.