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Fatih Birol
News updates related to Fatih Birol
IEA warns that disruptions to 12 million barrels of Middle Eastern oil threaten the European economy.
The International Energy Agency (IEA) forecasts that crude oil and LNG shortages will worsen in April 2026, putting inflationary pressure and slowing growth in Europe.
Market
The IEA is ready to release more oil from its strategic reserves if prices exceed $100.
IEA Director Fatih Birol affirmed that member countries are ready to release more oil from strategic reserves to compensate for supply shortages and cool down the market.
The IEA is prepared to release more oil from its strategic reserves if prices remain above $100.
International Energy Agency (IEA) Director Fatih Birol affirmed that member countries can continue releasing oil from their 1.4 billion barrel reserves to stabilize the global market.
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