IEA discussing further oil stock releases, calls for war to stop grow | TheStarTV.com

IEA discussing further oil stock releases, calls for war to stop grow

Published on 23 Mar 2026 8:49:17 PM

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, said its executive director Fatih Birol on March 23.

IEA member nations agreed on March 11 to release a record 400 million barrels of oil from strategic stockpiles to combat the spike in global crude prices. The drawdown represented 20% of overall stocks.

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news, thestartv, the star, fuel crisis, shortage, international energy agency, fatih birol, iran, israel, usa, war, conflict, china

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, said its executive director Fatih Birol on March 23.

IEA member nations agreed on March 11 to release a record 400 million barrels of oil from strategic stockpiles to combat the spike in global crude prices. The drawdown represented 20% of overall stocks.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, fuel crisis, shortage, international energy agency, fatih birol, iran, israel, usa, war, conflict, china

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