IEA vows to ensure global energy security in wake of Ukraine invasion

LONDON, Feb 25 (Reuters) – The International Energy Agency pledged to protect global energy security, the Paris-based watchdog said on Friday, after convening a meeting to discuss Russia’s invasion of Ukraine.

“Today I convened a meeting to bring together representatives of the IEA’s 31 member countries,” IEA executive director Fatih Birol said in a statement.

“We reviewed how the Russian invasion has increased concerns among oil market participants against the backdrop of already tight global markets and heightened price volatility.”