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IEA closely monitoring situation in Middle East
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- 13 June, 2025
- 14:29
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The International Energy Agency (IEA) is actively tracking the impact of the Israel-Iran conflict on oil markets.
Report cites IEA Executive Director Fatih Birol, who said:
"The IEA's oil security system holds over 1.2 billion barrels of strategic reserves for emergencies. We are ready to take action if necessary," Birol said.
Oil prices surged over 7% today, nearing a multi-month high, following Israeli strikes on Iran and subsequent Iranian responses, raising concerns about potential disruptions in oil supply.
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IEA Yaxın Şərqdəki vəziyyəti fəal şəkildə izləyir
МЭА активно следит за ситуацией на Ближнем Востоке
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