Government of India welcomes IEA decision to release emergency oil stocks amid prevailing supply disruptions
- Statement by Ministry of Petroleum & Natural Gas (MoP&NG) on 11 March 2026 endorsing the International Energy Agency (IEA) coordinated emergency oil stock release amid Middle East supply disruptions.
- India participates as an Associate Member of the IEA (not a full member), signalling its growing role in global energy governance.
- Tests UPSC aspirants on strategic petroleum reserves (SPR), IEA architecture, India's energy security, and West Asia geopolitics.