Since early 2022, the Russia–Ukraine war and the escalating Iran–Israel confrontation have combined into a twin shock that has redrawn the global energy map. Together they have fractured long‑standing trade routes, birthed parallel market systems, and injected structural volatility into pricing, logistics, and policy.

The Trans‑Caspian International Transport Route (TITR) –the Middle Corridor– is emerging from the sidelines as a strategic, if imperfect, alternative for both containerized goods and selected energy flows between Asia and Europe. Initially framed as a workaround to war‑related risks in the Black Sea and the Red Sea, the Middle Corridor is now being stress‑tested by an unprecedented combination of container diversion, fuel trade rerouting and geopolitical pressure.

For petroleum markets, “Middle East risk” is not a headline—it’s a transmission mechanism. When conflict intensifies around the Persian Gulf and its maritime chokepoints, prices don’t move only on barrels lost; they move on barrels that might not move, ships that won’t sail, and insurance that won’t clear.

Hydrogen is moving from vision to execution in the European Union: by early 2026 the regulatory framework for renewable (“green”) and low‑carbon hydrogen is largely in place, key funding pillars are operational, but real delivered volumes and infrastructure still lag far behind the 2030 targets of 10 million tonnes of domestic renewable hydrogen and 10 million tonnes of imports.

Spain’s biofuels industry is entering a scale‑up phase in which advanced HVO, SAF and biomethane are set to become the main growth and value drivers, while legacy FAME biodiesel and 1G ethanol stabilize under stricter sustainability and ILUC rules.

We are deeply honoured to be recognised as Best Consulting Firm 2026 at the Spanish Business Awards 2026 by EU Business News. This award is not only a recognition of Enerdealers’ work, but a reflection of the collective effort, trust, and commitment of an extraordinary ecosystem that has supported us throughout our journey.

The easing of the rules gives the hydrocarbon sector additional breathing space to adapt in an orderly way to the energy transition. By preserving a role for liquid fuels and transitional technologies, the EU creates room for innovation in e-fuels, advanced biofuels and lower-carbon industrial processes. Rather than a setback, the adjustment could offer the sector an opportunity to redefine its place in an increasingly decarbonised economy.

2022–2024 period depicts a fuel system in transition: structurally stable in aggregate yet increasingly differentiated across fuel families; anchored in diesel and conventional hydrocarbons, yet showing clear signals of diversification driven by tourism, mobility recovery, industrial cycles and emerging electrification. The trends observed here will shape the strategic and operational context for Spain’s energy, mobility and retail‑fuel sectors as the country moves deeper int

Enerdealers Observatory aims to support industry actors, policymakers, investors and analysts in forming a clearer view of Spain’s evolving energy reality. By providing both the numbers and the narrative, it enables informed decision-making in a context where the interplay between hydrocarbons and decarbonisation paths will define the structure of mobility and energy supply for the coming decade.

The Observatory aims to support informed decision-making among industry stakeholders, policymakers, investors, and organisations involved in energy planning and compliance.