IEA: Plenty of oil in market despite West Asia turmoil

Fatih Birol acknowledged logistical challenges due to the West Asia conflict. Birol stated that while all options are considered, no immediate release of emergency oil stocks is planned. He also cautioned against relying on Russia for energy supplies, calling it a past mistake.

Mar 7, 2026 - 20:30
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IEA: Plenty of oil in market despite West Asia turmoil
Fatih Birol acknowledged logistical challenges due to the West Asia conflict. Birol stated that while all options are considered, no immediate release of emergency oil stocks is planned. He also cautioned against relying on Russia for energy supplies, calling it a past mistake.

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