IEA Executive Director Birol says "we discussed all the available options, including making IEA emergency oil stocks available to the market"
Importance
Level 1
- "In addition to the challenges of transit through the Strait of Hormuz, a substantial amount of oil production has been curtailed. This is creating significant and growing risks for the market".
- "I am also in close contact about the situation with energy ministers from countries around the world, including recent calls with Saudi Arabia, Brazil, India, Azerbaijan and Singapore".
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