finance
IMF, World Bank and IEA urge end to energy hoarding as Middle East war hits markets
The three institutions warned that export controls and stockpiling will deepen the largest global energy shock on record after Middle East fighting pushed oil above $100 a barrel and disrupted key shipping routes.
Apr 13th 2026 · Iran
Insights
- IMF, World Bank and IEA called on countries to avoid hoarding fuel and imposing export restrictions that would worsen supply shocks.
Sources
- IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls www.thehindu.com
- Oil Prices Have Higher to Go, IEA Warns www.bloomberg.com
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