Coal retraction on the horizon

AI Summary

The International Energy Agency's Coal Mid-Year Update 2026 projects resilience, uncertainty, and structural changes in global coal markets heading into 2027. Geopolitical tensions and elevated natural gas prices have temporarily boosted coal demand and trade in 2026, although these gains are expected to be temporary.

Global coal markets are heading into 2027 with an unusual combination of resilience, uncertainty and structural change, according to the International Energy Agency’s latest Coal Mid-Year Update 2026. While geopolitical tensions and higher natural gas prices have given coal demand and trade an unexpected boost in 2026, the IEA expects those gains to prove temporary, ...