Dan Hewitt
About this episode
The global oil market is facing the most severe disruption in its history, with the war in the Middle East largely halting energy flows through the Strait of Hormuz, a critical trade chokepoint. In response to this disruption, IEA Member countries agreed to release 400 million barrels of oil from their emergency stocks – the largest collective action since the Agency’s founding more than 50 years ago.
In this special episode, IEA Director of Energy Markets and Security Keisuke Sadamori puts the stock release in context and answers key questions about the decision and its implementation.
Speakers
Keisuke Sadamori
Keisuke Sadamori
Keisuke Sadamori took up his duties as Director of the Office for Energy Markets and Security at the International Energy Agency in October 2012. Previously, he held the post of Deputy Director General for Policy Co-ordination at the Ministry of Economy, Trade and Industry (METI) in Japan. He had been involved with the IEA for a number of years as IEA Governing Board Representative for Japan and as Co-Chair of the Standing Group on Long Term Co-operation. Over the years, Mr Sadamori has served in the Cabinet of the Prime Minister of Japan and has co-ordinated numerous important projects, including work following the Fukushima-Daiichi accident in March 2011.
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