Money and business

Energy Agency: Immediate release of oil stocks in Asia and Oceania


Declared International Energy Agency Sunday it will be released "immediately" On oil reserves from the strategic reserves of countries in Asia and Oceania, to be followed in late March by American and European countries, after this step was approved in light of the rise in crude prices as a result of War in the Middle East.

The agency confirmed in a statement that member states presented plans to implement this measure, showing "Stocks will be made available by IEA member states in Asia and Oceania immediately, while stocks will be made available by IEA members in the Americas and Europe starting at the end of March.".

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