Japanese PM Takaichi requests the IEA to prepare additional oil release if needed, and met with IEA Executive Director Birol
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Five explosions at a missile site in Isfahan this morning, Al Hadath reports citing Iranian media
Newsquawk Daily European Opening News - 25th March 2026
Japanese PM Takaichi requests the IEA to prepare additional oil release if needed, and met with IEA Executive Director Birol
Valero (VLO) is said to be preparing its Port Arthur refinery to restart
Hezbollah says it targeted a military facility in northern Israel, according to Al Jazeera
On the Newsquawk feed at , 20 minutes before this page.
Context
Japan's Prime Minister Takaichi is actively engaging with the International Energy Agency (IEA) regarding potential oil releases, which may signal a proactive stance on managing energy supply concerns. This reflects ongoing geopolitical tensions and could influence market sentiment towards oil prices, particularly if the IEA acts on the request, impacting supply dynamics and traders' expectations around WTI. It's essential to monitor how this development may affect energy-related assets and response from other major producers.
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