IEA keeps reserves ready as Hormuz disruptions fuel supply fears

Fatih Birol, head of the International Energy Agency, said the agency is ready to release additional oil reserves as global energy prices continue to surge. Speaking in Tokyo, Birol confirmed that the IEA is prepared to act again if needed, following a request from Japan’s prime minister to consider a second emergency stock release, reports … The post IEA keeps reserves ready as Hormuz disruptions fuel supply fears appeared first on Times Kuwait .

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