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IEA: Hormuz Closure Spurs Record Global Coal Demand in 2026
OilPrice.com·IR · AE · SA·3 days ago
Nearly 40% of India's coal-fired plants now hold under three days of coal inventory, up from 60 to 74 plants week-over-week, per Central Electricity Authority data. Domestic supply is adequate, but the jump in critically low stocks signals tightening power-sector margins ahead of peak demand. This raises near-term import risk and could pressure global coal prices.