IEA members support faster release of reserve oil stocks

The National ·
United Arab Emirates

Members of the International Energy Agency (IEA) expressed support on Wednesday for accelerating the release of roughly 100 million barrels of reserve oil stocks previously agreed to in March. About 325 million barrels of oil have been released under the March agreement to ease oil markets after the onset of the Iran war led to a surge in energy prices. The IEA also said members had agreed to…

Read original article on The National →

Related news