Core Insights - The IEA emphasizes the need for immediate actions to reduce oil demand in response to escalating tensions in the Middle East, which have led to oil prices exceeding $100 per barrel [2][4] - The conflict has disrupted oil exports from Gulf states, affecting global supply chains, particularly in the tech industry, which relies on materials transported through the Strait of Hormuz [3] Demand-Side Solutions - The IEA suggests that while its proposed solutions may not significantly lower oil prices, they can help reduce demand modestly at consumer and small-business levels [4] - The report outlines a global list of policy measures that many countries, particularly the US, are already implementing to protect consumers through conservation and financial strategies [4] Specific Recommendations - The IEA lists ten actionable measures, including: - Working from home where feasible to decrease fuel demand for transportation [5] - Reducing highway speed limits by 10 MPH or more to lower fuel consumption for vehicles [5]