US Energy Secretary Wright says the US could leave the IEA if the group does not change
The statement from US Energy Secretary Wright regarding a potential exit from the IEA suggests rising tensions over energy policy and governance.
Russia's Kremlin on the Iran situation says they see unprecedented escalation of tensions and on Ukraine talks, says there's nothing to add following comments from the likes of Medinsky yesterday
Riksbank takes measures to facilitate banks’ liquidity management
US Energy Secretary Wright says the US could leave the IEA if the group does not change
ECB President Lagarde reportedly tells colleagues that she would tell them first if she were to step down, according to sources; colleagues reportedly interpreted this to mean her departure is not immediate, but the door is not closed
IAEA Director Grossi says Iran discussed a potential IAEA return to bombed nuclear sites, adds there is no deal unless the IAEA was in a position to verify and there is not much time to reach an Iran nuclear deal, via Bloomberg TV
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
If the US were to leave, it could lead to a significant shift in global energy dynamics, impacting supply agreements and pricing stability, particularly for oil markets. Watch for possible reactions across energy assets, particularly oil and gas, as well as currency fluctuations tied to energy producers and consumers.
Related headlines
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages2 hours ago
- Lloyd’s of London expects losses of GBP 1.4bln in the Gulf region from the US-Iran war, FT reports 2 hours ago
- Kazakhstan’s August oil and gas condensate production rose 11% M/M, sources say4 hours ago
- Kazakhstan's oil and gas condensate output rose 11% M/M in August vs the prior month4 hours ago
- US retail diesel has hit a four-year high, attributed to global supply issues 5 hours ago
- Russia Deputy PM Novak says Russia is to slightly lower oil output in 2026, Tass reports6 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output7 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.79 HIGHER AT 91.01/BBL17 hours ago
- White House says that barrels from Venezuela deal could hit reserves in the US in November19 hours ago
- Venezuealan Government and Chevron (CVX) confirm they have signed agreements for oil expansion projects20 hours ago
- Venezuelan Government and Italy's Eni (ENI IM) sign agreements for oil expansion projects20 hours ago
- Traders said Russian ESPO blend for November delivery rose to a premium of USD 7–10/bbl over ICE Brent20 hours ago
- US SPR falls to 286.6mln from 289.7mln, -3.1mln22 hours ago
- EIA Expectations: Crude -0.8M, Distillate -1.3M, Gasoline -2.4M22 hours ago
- Russia's Deputy PM Novak says there is no talk about reducing OPEC+ quotas right now as there is a shortage in the market, IFX reports22 hours ago
- OPEC+ meeting on Sunday will not make any oil output policy decisions and will focus on discussing market conditions, sources say22 hours ago
- Iran’s border guards seized a vessel carrying 382k litres of smuggled fuel in the northern Gulf and detained 11 foreign suspects, Iranian state media reports22 hours ago
- Russian Deputy PM Novak says the fuel market is more stable this week than last week, with several refineries having completed maintenance, Interfax and Tass report22 hours ago
- Kaztransoil will allocate KZT 25bln to expand the Ton-2 oil pipeline to increase transit of Russian oil to China to 12.5mln T, reports Interfax23 hours ago
- Ukraine says it hits 12 large Russian oil refineries in August23 hours ago
The whole workspace, free to try.
Try it free