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EU countries agreed oil stock releases be done under IEA's decision, EU spokesperson says

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In short

European Union countries have agreed that any oil stock releases should be conducted under the International Energy Agency's decision, following a meeting earlier this week. The decision was made in March and was supported by members of the IEA. The European Commission spokesperson confirmed that the EU's energy task force held a call on Wednesday to discuss the result of the IEA meeting, emphasizing that the release of oil stocks should be done under the IEA's decision.

Key points

  • The EU has agreed to follow the IEA's decision on oil stock releases.: The EU has agreed to follow the IEA's decision on oil stock releases.
  • The decision was made in March and was supported by the IEA.: The decision was made in March and was supported by the IEA.
  • The call was held by the EU's energy task force on Wednesday.: The call was held by the EU's energy task force on Wednesday.

This is an entry from: Live: Israeli attacks kill five people, including rescue worker, boy in Gaza

EU countries agreed oil stock releases be done under IEA's decision, EU spokesperson says

7 October 2026 20:29 BST

European Union countries agreed that any release of oil stocks should be done under the International Energy Agency's March stock release action, a European Commission spokesperson said on Wednesday.

The EU's energy task force held a call on Wednesday, gathering EU member states to discuss the result of a meeting of the IEA in which members supported accelerating the release of around 100 million barrels of oil stocks to the market that were pledged back in March.

Original source: www.middleeasteye.net

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