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International Energy Agency (IEA) Executive Director Fatih Birol. File
| Photo Credit: Reuters
The International Monetary Fund, World Bank and International Energy Agency on Monday (April 13, 2026) urged countries to avoid hoarding energy supplies and imposing export controls that could worsen what they called the biggest shock ever to the global energy market.
IEA chief Fatih Birol told reporters after a meeting with IMF and World Bank leaders that several countries were holding onto stocks and imposing export restrictions, and appealed to all countries to let energy stocks flow to the markets. He did not name the countries.
Published – April 14, 2026 03:31 am IST
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IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls
