The International Energy Agency's vigilance reflects growing geopolitical risks that could disrupt global oil supply.
David Brown
The International Energy Agency said it is 'closely monitoring the situation in oil markets' as escalating hostilities in the Middle East increase concerns over security of oil supplies.
Escalating hostilities in the Middle East are increasing concerns over security of oil supplies.
closely monitoring the situation in oil markets
The International Energy Agency has explicitly identified the escalation of the Iran conflict as a specific risk to energy supplies. The agency further cautioned that there is no room for complacency and highlighted growing tightness in the supply of refined products.
