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IEA countries to tap emergency reserves for second time in 2022

The two emergency withdrawals by the IEA constitute 9% of total emergency reserves

Second act: IEA executive director Fatih Birol said the group would release 120 million barrels of oil from emergency reserves as part of its 1 April agreement
Second act: IEA executive director Fatih Birol said the group would release 120 million barrels of oil from emergency reserves as part of its 1 April agreementPhoto: UPSTREAM
Houston
Published 7 April 2022, 18:44Updated 7 April 2022, 18:44
IEAFatih BirolUSAUkraine CrisisAmericas