Paris, France, March 16, 2026 (AFP) - IEA head says more oil stocks can be released if necessary

NAMPA / AFP

2026-03-16

International Energy Agency chief Fatih Birol said Monday more strategic oil stocks could be released if necessary to limit the fallout of from the near complete blockage of supplies through the Strait of Hormuz owing to the war on Iran. "In terms of government stocks and industry stocks held under government obligation, if you combine them, there will be still over 1.4 billion barrels remaining, which means we can do more later as and if needed,......

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