International Energy: Additional oil reserves available
The Director of the International Energy Agency, Fatih Birol, confirmed that the agency is prepared to draw from emergency oil reserves of member countries if market conditions necessitate it, especially amid current tensions and crises in the Middle East. He did not announce a new decision to withdraw but indicated readiness and swift action if needed, as countries continue to implement previous agreements to release reserves that boost supplies and help stabilize oil prices, with particular focus on the diesel stockpile, which can be quickly deployed if necessary.
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