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Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves

The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.

1 report1 sourceApr 1, 2026, 11:32 AM
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CNBCApr 1, 2026, 11:32 AM

Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves

The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.

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