The International Energy Agency has called an emergency ministerial meeting on Friday at 1200 GMT to discuss the state of the oil market, a spokesperson for Australian energy minister Angus Taylor said on Thursday. “The IEA has called an emergency meeting to be scheduled for Friday night Australian time,” the spokesperson said, adding that Taylor would be participating. Two senior U.S. officials said President Joe Biden’s administration is considering releasing 1 million barrels of oil a day for several months from the Strategic Petroleum Reserve to reduce gasoline prices. read more That could come on top of a release of 60 million barrels of oil that IEA countries agreed to release earlier in March to stabilize global markets after Russia invaded Ukraine. Moscow calls its activities in Ukraine […]