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The 32 countries of the International Energy Agency have already released 325 million barrels of the 400 million committed to compensate for the disturbances caused by the war in the Middle East. The organization remains open to release more crude, while countries call for priority of diesel.
On 2 October, the G7 agreed to jointly release 100 million barrels of oil and diesel to try to reduce international prices for crude oil and its derivatives. On the decision, US President Donald Trump said prices will fall soon because the naval blockade in the Strait of Ormuz will end in the short term. The measure, also promoted by the International Energy Agency, seeks to alleviate winter prices in the northern hemisphere.
Europe is preparing to face the season of higher energy consumption with growing concern for the supply and price of gas. The European Union's energy ministers analysed the situation as the block entered autumn and winter with lower storage levels than last year and amid international uncertainty. The European Commission has asked Member States to contain energy demand in the face of the risk of further pressure on the gas market. From Brussels, our correspondent Esther Herrera tells us more details.
North Korea launched two short-range ballistic missiles to the Japanese sea on Sunday, 20 September. Just on the eve, Pyongyang criticized a resolution of the International Atomic Energy Agency (IAEA), which urged denuclearization. Kim Yojong, the influential sister of North Korean leader Kim Jong- un, called Thursday "imbeciles" those who demand that his country abandon its nuclear arsenal.
