The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday.
Member countries of the International Energy Agency have unanimously agreed to release 400 million barrels of oil from emergency reserves to stabilise global markets disrupted by the war involving Iran.
The multi-trillion-dollar energy sector has never been more subject to scrutiny, as our demand for electricity keeps growing. AnewZ’s Editor-in-Chief Guy Shone is joined by the Executive Director of the International Energy Agency Dr. Fatih Birol, from Paris.
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