23 Hrs
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المشهد العربي
Energy Agency Ready to Release Oil Reserves
The International Energy Agency confirmed its readiness to release emergency oil reserves when needed, especially diesel stockpiles to address supply shortages, in response to energy market tensions resulting from the repercussions of the US-Iran conflict. The agency's members agreed to carry out additional stock withdrawals, coordinated with the G7 agreement to urgently pump 100 million barrels of crude oil and diesel, aiming to support the markets and reduce the impact of the crisis on global supplies.
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