Business · Energy & Commodities · 3 hrs ago
IEA urges members to consider releasing more diesel from strategic reserves
The International Energy Agency is asking its 32 member countries to assess whether they should release more diesel from their strategic reserves.
The agency says members that have not completed earlier pledges should consider speeding them up, with priority given to diesel.
In March, members promised to release 400 million barrels of oil to address supply disruptions linked to the war in the Middle East.
By late last week, 325 million barrels of that amount had been released.
The G7 announced a coordinated release of 100 million barrels in early October, as fuel prices remained very high amid conflict in the Gulf and a blockage of the Strait of Hormuz.
The agency’s director also noted new attacks on oil and gas infrastructure in Saudi Arabia, including an attack on Riyadh airport that Saudi aviation authorities said killed at least 12 people and injured more than 300.
IEA members are due to meet on October 15, when they can discuss whether further releases are needed.
The International Energy Agency urged its members to assess whether they need to release more diesel from strategic reserves.
The appeal came in a letter from IEA chief Fatih Birol, published on Sunday before an IEA meeting on 15 October.
The IEA said members that have not fulfilled their March pledges should consider accelerating the remaining releases, prioritising diesel.
In March, the IEA’s 32 member countries pledged to release 400 million barrels of oil, and 325 million barrels had been released by the end of the previous week.
The IEA said its members held about 1.1 billion barrels in total, including more than 200 million barrels of diesel.
- Who
- Fatih Birol and the International Energy Agency urged IEA member countries to assess their need for further diesel releases.
- What
- Members were encouraged to consider releasing more diesel from strategic reserves and to prioritise diesel when fulfilling outstanding pledges.
- When
- The letter was published on Sunday, 11 October 2026, ahead of an IEA meeting on 15 October.
- Where
- The appeal was sent to IEA member countries. The source does not specify where the letter was sent from.
- Why
- The IEA said the current situation required immediate attention and could be best managed through cooperation among members; the releases were intended to address supply disruptions.
This story does not have two clearly opposing sides.
immediate attention
can best be managed through cooperation among IEA member countries
The IEA’s 32 member countries pledged to release 400 million barrels of oil to address supply disruptions linked to the war in the Middle East.
The IEA said its member countries were ready to release more strategic oil reserves, including diesel.
The G7 announced a coordinated IEA release of 100 million barrels, to begin immediately.
325 million of the 400 million pledged barrels had been released.
Fatih Birol’s letter urging members to assess the need for additional diesel releases was published.
The IEA was due to hold a meeting.
- IEA membership
- 32 countries
- March pledge
- 400 million barrels of oil
- Released by the previous week’s end
- 325 million barrels
- IEA reserves
- About 1.1 billion barrels, including more than 200 million barrels of diesel
- G7 announcement
- Coordinated IEA release of 100 million barrels






