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Oil prices increased on Wednesday after a series of declines, driven by rising US crude inventories.
However, the lack of a ceasefire agreement in the Middle East has negatively impacted the continued price rise. As of 0343 GMT, Brent crude for September delivery rose by 37 cents, or 0.5%, to $81.38 per barrel, while West Texas Intermediate crude increased by 38 cents, or 0.5%, to $77.34 per barrel for September contracts.
The agency is interested in studies of energy security, and its political and geopolitical effects, as well as the effects of energy security on stability in the system and international peace.