IEA chief warns global oil reserves have 'weeks' of supply left

thecradle.co·May 18

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The International Energy Agency (IEA) chief is warning that global oil reserves are depleting rapidly, with only weeks of supply left. The warning is linked to the ongoing crisis with Iran, although the exact cause and potential solutions are unclear. The IEA is considering releasing more strategic reserves as the oil supply crunch is expected to worsen.

Full coverage

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left

Reuters·May 18

IEA Chief Warns Only 'Weeks' of Oil Inventories Left Thanks to Trump's Iran War

Common Dreams·May 18

Oil markets nearing ‘red zone’ as Iran crisis continues, warns IEA chief

The Guardian·May 21

IEA chief warns commercial oil inventories are 'depleting very fast' amid Iran war

National News Desk·May 18

Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves

CNBC·Apr 1

Commercial oil inventories falling ‘rapidly’ and only have weeks left: IEA chief

Upstream Online·May 18

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Fortune·Apr 23

Energy Crisis Will Not Be Resolved Quickly if War Ends, I.E.A. Chief Warns

The New York Times·Mar 23

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