LBCI

'Plenty of oil' in market despite Mideast turmoil: IEA chief

Middle East News

06-03-2026 | 05:25

Share

Share

'Plenty of oil' in market despite Mideast turmoil: IEA chief

International Energy Agency chief Fatih Birol sought Friday to tamp down fears of a global oil crisis after prices spiked because of the war in the Middle East, saying there was "plenty of oil in the market."

Addressing reporters in Brussels, Birol said "logistical disruption" from the conflict was "creating challenges for many countries," but insisted: "There is no shortage of oil globally."

AFP

Middle East News

oil'

market

despite

Mideast

turmoil:

chief

Next

Iran army says US bases in Kuwait attacked, vows strikes to 'continue'

Middle East crisis declared 'major humanitarian emergency': UN

Previous

Recommended For You

Explosion heard in Iraq's Erbil, smoke seen rising from hotel: AFP

Middle East News

15:16

Explosion heard in Iraq's Erbil, smoke seen rising from hotel: AFP

Drone attack targets military base at Baghdad airport: Security sources

Middle East News

13:26

Drone attack targets military base at Baghdad airport: Security sources

Iran says fired new salvo of drones, missiles at Israel

Middle East News

13:19

Iran says fired new salvo of drones, missiles at Israel

Regional spillover: Israel braces for wider regional war across four fronts

News Bulletin Reports

12:50

Regional spillover: Israel braces for wider regional war across four fronts

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

UN Ghanaian peacekeepers wounded after position hit in South Lebanon: State media

13:03

UN Ghanaian peacekeepers wounded after position hit in South Lebanon: State media

UN says Houthi seizure of telecom gear threatens Yemen aid

Middle East News

2026-01-30

UN says Houthi seizure of telecom gear threatens Yemen aid

Iran state TV says drones struck aircraft carrier USS Abraham Lincoln

Middle East News

2026-03-05

Iran state TV says drones struck aircraft carrier USS Abraham Lincoln

Israeli army says sirens sound in Baram in the north

Middle East News

2026-01-02

Israeli army says sirens sound in Baram in the north

Videos

Israeli airstrike targets Beirut’s southern suburbs: Video

08:03

Israeli airstrike targets Beirut’s southern suburbs: Video

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

2026-03-05

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

2026-03-05

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

2026-03-02

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

2026-02-16

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

2026-02-14

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

2026-02-01

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

Berri halts live broadcast amid parliament salary dispute

2026-01-29

Berri halts live broadcast amid parliament salary dispute

Fairuz receives condolences for death of son Hali Rahbani—Video

2026-01-10

Fairuz receives condolences for death of son Hali Rahbani—Video

Most read

24 hours

7 days

Month

Israeli media: Hezbollah plans attacks from Syria as Syrian president seeks to strike its positions along Bekaa Valley border

1

Israeli media: Hezbollah plans attacks from Syria as Syrian president seeks to strike its positions along Bekaa Valley border

Israeli army claims it carried out overnight strikes on headquarters and ten high-rise buildings housing Hezbollah military infrastructure

2

Israeli army claims it carried out overnight strikes on headquarters and ten high-rise buildings housing Hezbollah military infrastructure

Beirut under pressure: Israeli conditions escalate as Lebanon searches for a diplomatic way out

3

Beirut under pressure: Israeli conditions escalate as Lebanon searches for a diplomatic way out

Israeli airstrike targets Beirut’s southern suburbs: Video

4

Israeli airstrike targets Beirut’s southern suburbs: Video

Israeli army spokesman urges depositors to withdraw funds from Al-Qard Al-Hasan

5

Israeli army spokesman urges depositors to withdraw funds from Al-Qard Al-Hasan

UN Ghanaian peacekeepers wounded after position hit in South Lebanon: State media

6

UN Ghanaian peacekeepers wounded after position hit in South Lebanon: State media

Macron calls Lebanon’s president to discuss efforts to curb escalation

7

Macron calls Lebanon’s president to discuss efforts to curb escalation

Lebanon’s president calls for international intervention to halt Israeli attacks

8

Lebanon’s president calls for international intervention to halt Israeli attacks

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More