Gallup poll shows growing number of Americans identifying as Democrats, while EV deployment surpasses forecasts, forcing IEA to revise projections, and Trump pushes back on the transition.
1 report, 1 independent
Updated Sep 7
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What happened
Gallup poll shows growing number of Americans identifying as Democrats, while EV deployment surpasses forecasts, forcing IEA to revise projections, and Trump pushes back on the transition.
Who's involved
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Global oil market dynamics are being shaped by divergent views on demand forecasts, US policy shifts under the Trump administration, slower EV uptake in Europe, and major export cuts from Gulf producers due to the Iran war.Also in this story
- The International Energy Agency and DNV are modeling global energy demand amidst geopolitical tensions and policy shifts affecting the global energy market.
- IEA reports on energy shocks originating from the Middle East and their impact on Europe's electricity demand.
- Trump's administration is implementing broad trade barriers and tariffs on clean technology, affecting global energy transition goals.
- Impasse in negotiations and rising diesel prices are straining the energy industry across Europe and the Middle East.
The entities involved
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International Energy Agency
autonomous intergovernmental organisation
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)