International Energy Agency
The sudden and total blockade of the Strait of Hormuz has triggered the largest supply disruption in the history of the global oil market, instantly choking off approximately twenty percent of the world’s petroleum consumption and throttling vital liquefied natural gas flows. As maritime chokepoints close and global inventories deplete at a historic pace, the international community faces an immediate threat to economic stability, inflationary control, and industrial survival. Operating at the absolute vanguard of global energy crisis management, the IEA is called upon to coordinate an unprecedented multilateral defense. This committee must engineer a comprehensive strategy to stabilize roiled markets, evaluating the rapid deployment of emergency strategic petroleum reserves alongside the mobilization of alternative transnational transit routes. Beyond short-term supply-side interventions, the mandate requires formulating drastic, coordinated demand-restraint policies and structural energy conservation measures across member nations.
Emre Erkin
Under Secretary General
Mustafa Baran Topcu
Under Secretary General