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IEA could consider more oil reserve releases as Europe faces tough winter

The IEA says it could consider releasing more emergency oil stocks if supply disruptions worsen, although another release is not currently its top priority.

  • IEA may release more strategic oil reserves to ease Europe's supply shortages.
  • 80% of released stocks remain available for future use.
  • EU Energy Commissioner cites €100 billion extra energy import costs.

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