June 11, 2026
Fatih Birol warns of the worst energy shock ever with over 80 Middle East facilities damaged
The move, if agreed, will follow Japan's decision to make the largest release of oil reserves to date
Over 400 million barrels will be released to markets
IEA members keep at least 90 days of oil imports in stock
Two incoming oil tankers are boosting reserves, but that does not mean people can spend fuel recklessly, the minister says