Director of the International Energy Agency: ready to release more oil reserves if needed

```htmlGolden Ten Data reported on March 25 that International Energy Agency (IEA) Director Birol stated that he is prepared to further release oil reserves as global energy prices soar. Birol made these remarks in Tokyo after the Japanese Prime Minister asked the IEA to prepare for a second emergency release of reserves. Earlier this month, the IEA announced the release of 400 million barrels of oil, marking the largest oil release in the agency’s history. He said: “We still have 80% of our inventory. If necessary, we are ready to proceed.” However, he also warned that “the world is facing a severe threat to energy security.”```