Japan PM asks IEA chief to prepare additional ‘coordinated release’ of oil

The head of the International Energy Agency has said he is “ready to move forward” with an additional release of oil reserves “if and when necessary”, AFP reports.

Fatih Birol’s comments in Tokyo came after Japanese Prime Minister Sanae Takaichi asked the agency “to prepare to implement an additional release in case the situation drags on” with the war in the Middle East.

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