Jethro Mullen

The impacts of disruptions to Middle East oil flows are mounting, significantly tightening global oil markets. Consumers & refiners are scaling back their oil use and tapping into stocks to mitigate the immediate impacts. More in our Oil Market Report 👇 iea.li/480rYER

New podcast with @fbirol, Executive Director of the @IEA, on what the global energy crisis means for all of us. Tune in! YouTube: youtube.com/watch?v=7FeZdf… Spotify: open.spotify.com/episode/5y1nxA… Apple: podcasts.apple.com/no/podcast/fat… #InGoodCompany

Very productive meeting with PM Sanae Takaichi @takaichi_sanae to discuss impacts of the Middle East war on energy security in Asia & beyond I thanked her for 🇯🇵’s vital support for IEA’s historic oil stock release & we agreed to work together to emerge from the crisis stronger

Excellent meeting with Prime Minister of Australia, Anthony Albanese @AlboMP, in Canberra 
We discussed the energy challenges Asia is facing due to the Middle East war. I thanked the PM for the steps 🇦🇺 is taking to safeguard fuel security including its support for IEA actions.

With a major energy crisis unfolding, @IEA is supporting market stability with a historic oil stock release But the demand side also has a part to play. Our new report sets out immediate options that can help shelter consumers from today’s oil shock ➡️ iea.li/3NhInxv

Following @IEA Member countries' decision to release 400 mln barrels of oil stocks to counter disruptions, initial volumes have already been made available Thank you to countries for their stock contributions & to Canada & Mexico for increased production: iea.li/4rGAVKa

Today at 15:00 Paris time, our Executive Director @fbirol will provide an update on the latest developments in the @IEA’s emergency release of oil stocks and the next steps. Follow his remarks live on our site 👉 iea.li/3P701EJ

IEA countries have now confirmed their contributions to our largest ever oil stock release This brings unprecedented additional volumes of oil to the market from 16 March onward. However, opening the Strait of Hormuz is vital for a return to stable flows: iea.li/4sRdUFD

Global oil markets are facing unprecedented disruptions due to the conflict in the Middle East To provide a clearer picture of this rapidly evolving situation, we’ve made our full Oil Market Report for March freely available on our site The analysis 👉 iea.li/46UqHhU

The Middle East war is creating the largest supply disruption in the history of oil markets As a result, IEA Members have agreed to release 400 million barrels of emergency oil stocks to support market stability More in our latest Oil Market Report ➡️ iea.li/4uI1QID

Today @IEA hosted a G7 Energy Ministers Meeting, chaired by Minister Roland Lescure of France, on the current oil & gas market situation We will hold an extraordinary meeting of IEA Member governments later today to assess market conditions My statement: iea.li/46QpHvc

Today, on the invitation of Minister Roland Lescure of France, which holds the G7 Presidency, I took part in a meeting of G7 Finance Ministers on the global economic situation and Middle East conflict. My statement on the meeting: iea.li/4ugOD98

The IEA is closely monitoring the situation in the Middle East – including the implications for energy markets, trade & security.   Our new hub offers key information on the Strait of Hormuz and the current oil & gas market context. Learn more👇 iea.li/409p8Je

Given the events in the Middle East & the energy security implications, I convened an extraordinary meeting of @IEA Member governments today to discuss the oil & gas market situation and options to respond to disruptions Thank you to participants for the constructive dialogue

The @IEA is actively monitoring events in the Middle East & the potential implications for global oil & gas markets and trade flows. Markets have been well supplied to date. I am in contact with Ministers from major producers in the region & IEA governments about the situation.

Ministers, top executives & leaders of international organisations from around the world came together last week at the #IEAMinisterial in Paris. They underscored @IEA’s key role in tackling global energy challenges. Read more → iea.li/4cIA5bY The highlights 📺⬇️

4 years on from the invasion, Ukraine's energy infrastructure remains a major target of attacks, leaving people without heat & power in freezing temperatures As I told Deputy Prime Minister Denys Shmyhal at our Ministerial, @IEA is firmly committed to support 🇺🇦 energy security

Good meeting with @UNFCCC Executive Secretary @simonstiell at IEA HQ to discuss international energy trends and preparations for #COP31 in Antalya    I thanked him for his contributions to this week's successful #IEAMinisterial in Paris

🗣️ “Being data-driven, being neutral doesn’t mean we don’t take sides. We take the side of secure energy. We take the side of affordable energy. We take the side of sustainable energy – and energy for all” IEA's @fbirol at our Ministerial. Watch it back: iea.li/4tKESzO

At the #IEAMinisterial in Paris this week, global energy leaders underscored @IEA’s central role in tackling the world’s energy challenges. They also delivered expanded mandates on critical minerals & built institutional ties with key countries. More 👉 iea.li/4cIA5bY