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flag SUV sales surged to 54% of global car sales in 2024, boosting oil demand by 600,000 barrels daily.

flag Despite predictions for a shift towards smaller, eco-friendlier vehicles, SUV sales rose to 54% of global car sales in 2024, up three percentage points from 2023. flag Of the SUVs on the road, 95% use fossil fuels, contributing to a 600,000-barrel-per-day increase in oil consumption. flag The trend is driven by growing purchasing power in developing economies and high profit margins for manufacturers, raising concerns over environmental impacts.

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