international energy agency

Washington, March 24: Global markets rallied after President Donald Trump signaled a pause in strikes against Iran, but analysts warned that the underlying energy crisis remains unresolved.Stocks surged, and oil prices fell sharply after Trump said the United States was holding talks with...

Hyderabad, March 22 AIMIM Chief Asaduddin Owaisi on Sunday alleged that around five lakh Backward Classes certificates have been cancelled, most of them belonging to Muslims.Addressing a rally here, he expressed concern over the SIR (Special Intensive Revision) of electoral rolls in West...

The Group of Seven (G7) nations have strongly condemned Iran's attacks on civilians and key infrastructure across multiple countries in West Asia. In a joint statement, G7 Foreign Ministers representing Canada, France, Germany, Italy, Japan, the UK, and the US, along with the High Representative...

Washington, March 22 – The Group of Seven (G7) nations strongly condemned Iran’s attacks on civilians and key infrastructure in multiple countries across the Middle East on Sunday, expressing firm support for regional partners facing what it termed “unjustifiable attacks.”In a joint statement...

New Delhi, March 20 Reducing highway speed limits by at least 10 km/h, switching to electric cooking, avoiding air travel where alternatives are possible, and increasing car sharing – these are among the recommendations made in a new report by the International Energy Agency (IEA) to ease the...

New Delhi, March 20 The International Energy Agency (IEA) has advocated a set of immediate demand-side measures, including working from home, lower speed limits, and reduced air travel, to mitigate the impact of a historic global oil supply shock triggered by disruptions in the Middle East.Oil...

Wellington, March 19 – New Zealand Prime Minister Christopher Luxon warned on Thursday of a prolonged Middle East conflict that could disrupt global oil supplies, as the government considers raising its fuel escalation level next week.New Zealand drivers have been queuing at petrol stations...

New Delhi, March 17 Crude oil prices rebounded by ₹261 to ₹8,981 per barrel in futures trading on Tuesday, amid firm global trends and uncertainty over supply disruptions due to the ongoing conflict in West Asia.On the Multi Commodity Exchange (MCX), crude oil for March delivery increased by...

March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to stabilize global markets.Approximately 400 million barrels will be released, with supplies in Asia and Oceania starting immediately, and in Europe and the...

March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to help stabilize global markets.Approximately 400 million barrels will be released, with supplies to Asia and Oceania starting immediately, and deliveries to...

The International Energy Agency (IEA) stated that its member countries would release large quantities of oil from emergency reserves to help lower global prices.In a statement, the agency said, "Countries in Asia and Oceania will begin releasing oil immediately, while reserves from Europe and...

March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...

New Delhi, March 13 Crude oil prices rose by ₹94 to ₹8,898 per barrel in futures trading on Friday amid the escalating conflict in West Asia and disruptions in energy supply.On the Multi Commodity Exchange (MCX), crude oil for March delivery increased by ₹94, or 1.07%, to ₹8,898 per barrel in...

March 13, New Delhi – On Friday, Australia announced that it would release petrol and diesel from its domestic reserves to help mitigate fuel supply disruptions caused by the Iran war and ease shortages in several regional areas.This marks the first time Australia has tapped its fuel reserves...

March 12, New Delhi – The International Energy Agency’s decision to release 400 million barrels of oil from global reserves has already had a significant impact on energy markets, which remain in a critical state following the closure of the Strait of Hormuz, said Executive Director Fatih Birol...

March 12, New Delhi — To address a sharp decline in fuel supply, the Australian government is planning to temporarily amend fuel standards, allowing the use of lower-quality fuel for domestic use.The decision comes amid the International Energy Agency’s (IEA) call to release 400 million...

Washington, March 12 – The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve over the next four months, as part of a coordinated international effort by major economies to stabilize energy markets amid rising global prices driven by conflict in the Middle...

India has welcomed the decision by the International Energy Agency (IEA) to release emergency oil reserves in response to ongoing supply disruptions. The Ministry of Petroleum and Natural Gas stated in a press release that India is an Associate Member of the IEA and an active participant in...

New Delhi, March 11 Crude oil prices jumped by Rs 460 to Rs 7,881 per barrel in futures trading on Wednesday as global benchmarks advanced due to intensifying geopolitical tensions.On the Multi Commodity Exchange (MCX), crude oil for March delivery rose by Rs 460, or 6.2 per cent, to Rs 7,881...

March 11, New Delhi – Countries and agencies worldwide are implementing emergency measures to address soaring oil prices, including capping fuel costs, releasing strategic reserves, and reducing consumption.The major move comes from the International Energy Agency (IEA), which has proposed the...