Oil prices have started to fall after a decision to release 100 million barrels of oil and fuel reserves, Reuters reports citing remarks by International Energy Agency chief Fatih Birol.
“We took a step today on diesel. We held a meeting with world leaders and announced that we would start releasing 100 million barrels of oil again,” Birol says at a press meeting in Istanbul. “Prices are starting to fall.
“I hope this will be a beneficial step both for the world and for Turkiye,” he adds.
