IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls
The Hindu·17h ago·Neutral
What Happened
The International Monetary Fund, World Bank, and International Energy Agency urged countries Monday to stop hoarding energy supplies and imposing export restrictions. IEA chief Fatih Birol stated several nations were holding stocks and restricting exports, worsening the global energy market's biggest shock. He appealed for free energy market flow but did not identify specific countries involved in these practices.
Key Entities
International Monetary FundWorld BankInternational Energy AgencyFatih BirolGlobal Energy Market