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IEA: More than double the gas stuck in Hormuz is wasted

Filed: May 04, 2026 at 3:01 AM ET
Summary: The IEA says over twice the gas stuck in the Strait of Hormuz is wasted each year.
WHO: IEA
WHAT: The IEA estimates that more than double the gas stuck in Hormuz is wasted annually.
WHEN: May 04, 2026 at 1:00 AM ET
WHERE: Strait of Hormuz
WHY: Capping methane emissions would alleviate the energy and climate crisis.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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