The Executive Director of the International Energy Agency (IEA), Fatih Birol, said in a statement that he held a meeting this Friday (25) with representatives of the 31 members of the entity, in order to “share perspectives on the invasion of Ukraine by Russia”. ” and discuss its impacts on global energy markets.
As well as expressing “great concern” about the destruction and loss of life, he said the Russian invasion “has heightened concerns among oil market participants, against a backdrop of already tight global markets and heightened price volatility.”
Birol said options were discussed that the IEA could take in the coming days and weeks. It also dealt with the situation in the natural gas markets and how any problems in Russian supply through Ukraine would put pressure on Europe, with effects on the rest of the world.
In light of the initial impacts on the markets and the risks that there may be an escalation in them, the IEA discussed the possibility of an extraordinary meeting of its council at ministerial level, and agreed to continue to closely monitor the situation, in addition to continuing to act. “in solidarity to ensure global energy security”.
Source: CNN Brasil
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