The International Energy Agency (IEA) has urged member countries to consider accelerating diesel stock releases and assessing the need for additional supplies as global diesel markets tighten.

In a letter ahead of the IEA Governing Board meeting on October 15, Executive Director Fatih Birol said current market conditions require immediate attention and are best managed through continued cooperation among member countries.

The IEA’s March 2026 Collective Action remains underway, providing a framework for further measures to address near-term market pressures.

Birol also highlighted renewed attacks on civilian and energy infrastructure in Saudi Arabia, including the deadly attacks on Riyadh’s international airport.

The agency recommended that members yet to fulfil their commitments under the March initiative consider accelerating remaining releases, prioritising diesel.

Some countries have already released more volumes than initially pledged, according to Birol.

All members, including those that have completed their promised releases, were also encouraged to assess whether additional diesel supplies are necessary.

Countries considering further releases should specify their scale, timing and additional contribution beyond existing commitments.

The recommendations follow the IEA’s assessment of diesel markets and a statement by G7 leaders, as governments seek to protect energy security and economic stability amid tightening supply conditions.

The 15 October Governing Board meeting will provide an opportunity for members to review progress and consider further coordinated action.

“As we did in March, I believe we can once again demonstrate the IEA’s capacity to act together in support of energy security and economic stability,” Birol said. -OGN/TradeArabia News Service