US EditionMiddle East disruption could cut global oil demand 20% and gas 10% by 2050 as energy security drives shift to independence
9 Articles
9 Articles
Wood Mackenzie: Middle East disruption could cut global oil demand 20% and gas 10% by 2050
Wood Mackenzie report that prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case.
Prolonged disruption of energy supplies in the Middle East could accelerate structural change in global energy systems, halving dependence on oil and gas imports by 2050 and reducing oil demand by 20% and gas demand by 10% compared to the base scenario. As countries prioritize energy security, demand is increasingly covered by electrification, renewable energy, coal and nuclear energy, while dependence on globally traded fuels is decreasing, acc…
Middle East disruption could cut global oil demand 20 percent and gas 10 percent by 2050 as energy security drives shift to independence - Business News Week
LONDON/HOUSTON/SINGAPORE, April 8, 2026 – Prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case. As countries prioritise energy security, demand is increasingly met through electrification, renewables, coal […] The post Middle East disruption could cut global oil …
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