In light of disruptions in the global oil market linked to the conflict in Iran, Lithuania's Energy Ministry has mandated 'Orlen Lietuva' to immediately release 80,000 tons of fuel reserves. This decision is part of a broader strategy to mitigate supply risks and reflects the guidelines of the International Energy Agency's collective action plan.

Gabriels Gorbačevskis, Lithuania's Deputy Minister of Energy, indicated that the fuel is expected to be available in the market within the week. He emphasized the need for complementary national strategies aimed at sustainably reducing fuel prices in the long term. This proactive step is designed to maintain market stability and ensure that consumers are shielded from potential financial burdens caused by fluctuating fuel prices.

Gorbačevskis reassured that the reintroduction of these reserves will not impose additional costs on Lithuanian consumers, as it will occur concurrently with a period when market prices are expected to stabilize. This measure underscores Lithuania's commitment to safeguarding its energy needs amid challenging international circumstances, while also considering its long-term energy strategy and economic impacts for its citizens.