العربية
Business

IEA ready to release more oil reserves if necessary

The International Energy Agency (IEA) is prepared to release additional oil reserves, focusing on diesel amid supply shortages, according to its director, Fatih Birol. Member countries maintain substantial reserves and can act if required.

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Saudi Energy Minister Signs MoUs on Energy Cooperation with Mongolia, Tanzania, Cyprus, and Mauritius

Saudi Minister of Energy and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman bin Abdulaziz signed in Riyadh on Monday four memoranda of understanding with ministers from Mongolia, Tanzania, Cyprus and Mauritius to strengthen cooperation across a range of energy fields. The MoUs were signed on the sidelines of the 25th WPC Energy Congress, hosted by Saudi Arabia through October 15 under the theme “Pathways to an Energy Future for All."

Asharq Al-Awsat English