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Indicators Monthly - March 2026","energy-indicators-monthly-march-2026","publications/briefings/energy-indicators/energy-indicators-monthly-march-2026",{"_uid":557,"date":558,"content":559,"excerpt":659,"component":660,"categories":661,"visibility":671,"publication_frequency":672,"formattedDate":673,"formattedArticleDate":674,"folder":675},"07ea97dd-f122-428e-8b9b-3b3daf5c3aeb","2026-03-18 00:00",{"type":560,"content":561},"doc",[562,569,576,581,586,600,605,644],{"type":563,"attrs":564,"content":565},"paragraph",{"textAlign":49},[566],{"text":567,"type":568},"This report offers energy indicators for major global economies, designed to enhance understanding of the energy transition and to complement Benchmark’s data.","text",{"type":570,"attrs":571,"content":573},"heading",{"level":572,"textAlign":49},2,[574],{"text":575,"type":568},"Highlights",{"type":563,"attrs":577,"content":578},{"textAlign":49},[579],{"text":580,"type":568},"The war in Iran has exerted strong upward pressure not only on oil and gas from the Middle East but across markets this month. The Brent crude price rose above $100 a barrel on 12 March, while liquefied natural gas (LNG) prices have also risen, particularly the spot price in Asia, while the average retail diesel price in the US broke $5 a gallon for just the second time ever on 16 March.",{"type":563,"attrs":582,"content":583},{"textAlign":49},[584],{"text":585,"type":568},"Oil exports from the Middle East are reported to have dropped by over half since the war began, with export through the Strait of Hormuz largely halted. The increases in oil, gas and LNG prices are expected to put inflationary pressure on the US, Chinese and European economies, while offering renewed incentives in some cases to increase development of renewable sources of energy, nuclear and additional energy storage.",{"type":587,"attrs":588},"blok",{"id":589,"body":590},"d200c24a-eb31-4c5f-8e42-e875db73a1e2",[591,597],{"id":592,"_uid":593,"type":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"24262202","i-1f861b0d-cc1f-4815-be16-7d8b9148c98c","visualisation","ContentFlourish","",{"id":598,"_uid":599,"type":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"28079301","i-0523a15c-5ce6-4dc6-8d21-efe4494357e0",{"type":570,"attrs":601,"content":602},{"level":572,"textAlign":49},[603],{"text":604,"type":568},"Energy in the news this month",{"type":606,"content":607},"bullet_list",[608,616,623,630,637],{"type":609,"content":610},"list_item",[611],{"type":563,"attrs":612,"content":613},{"textAlign":49},[614],{"text":615,"type":568},"China has placed a ban on exports of diesel, gasoline and jet fuel to secure supply in light of the conflict, tightening supply elsewhere in Asia",{"type":609,"content":617},[618],{"type":563,"attrs":619,"content":620},{"textAlign":49},[621],{"text":622,"type":568},"Asia spot LNG price rises have driven a rise in coal-fired power generation",{"type":609,"content":624},[625],{"type":563,"attrs":626,"content":627},{"textAlign":49},[628],{"text":629,"type":568},"Italy’s government is looking to restart nuclear energy production nearly 40 years after the country’s last reactor was closed down, partly in response to higher energy prices",{"type":609,"content":631},[632],{"type":563,"attrs":633,"content":634},{"textAlign":49},[635],{"text":636,"type":568},"Italy has also been among EU countries calling for the bloc’s carbon trading system to be changed in light of increased energy prices - though Spain has criticised the suggestion",{"type":609,"content":638},[639],{"type":563,"attrs":640,"content":641},{"textAlign":49},[642],{"text":643,"type":568},"The UK government has brought forward its next round of renewable energy auctions after the previous round yielded the largest offshore wind procurement in Europe",{"type":587,"attrs":645},{"id":589,"body":646},[647,650,653,656],{"id":648,"_uid":649,"type":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"24262196","i-195f3256-c4d0-4254-a095-479c24016ede",{"id":651,"_uid":652,"type":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"24262160","i-d8fa1b7b-dcac-423e-813e-4b4f193c5357",{"id":654,"_uid":655,"type":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"27274464","i-873e3ed5-4a03-4590-bbc8-fafe191e6be3",{"id":657,"_uid":658,"type":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"24262170","i-2f8f0d43-fa43-4c40-b0fc-14a4b465c3ed","The war in Iran has exerted strong upward pressure not only on oil and gas from the Middle East but across markets this month. The Brent crude price rose above $100 a barrel on 12 March, while liquefied natural gas (LNG) prices have also risen, particularly the spot price in Asia, and the average retail diesel price in the US broke $5 a gallon for just the second time ever on 16 March.","briefing",[662,665,668],{"slug":663,"name":664},"geopolitics","Geopolitics",{"slug":666,"name":667},"sustainability","Sustainability",{"slug":669,"name":670},"new-energy","New Energy","private","monthly","Mar 18, 2026","18th March 2026",{"slug":676,"title":677,"cardImage":678,"description":679,"frequency":680},"energy-indicators","Energy Indicators","https://a.storyblok.com/f/287943243085208/x/b2d94d4603/energy-indicators-hero.avif","This Briefing provides energy indicators for major economies to support understanding of the energy transition and Benchmark data.","Monthly",[],[],1789982633317]