IEA preparing record release of oil reserves
Plan underlines fears for the global economy from energy shock triggered by the Middle East war
Plan underlines fears for the global economy from energy shock triggered by the Middle East war

Middle East war has triggered surge in crude prices that threatens global economy

Stocks near 8-year low ahead of summer travel season despite collapse in demand

International Energy Agency expects production to rise by 1.8mn barrels a day in 2025

Flows of oil and gas do not resume like turning a tap back on

Investors are picking winners and losers based on economies’ exposure to inflationary surge

Agency’s head Fatih Birol says recovery of oil and gasfields in Gulf region could take more than six months