Title: OPEC Secretary-General: IEA Should Exercise Caution Regarding Oil Investment Undermining

Haitham al-Ghais, the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), stated today, Thursday, that the International Energy Agency (IEA) must "exercise great caution regarding further attempts to undermine" investments in the oil industry, which are viewed as a crucial element for global economic growth. Al-Ghais added that OPEC and the OPEC+ alliance do not target oil prices but focus on the fundamental factors in the market, and he noted that blaming oil exporters and their allies and distorting their actions will lead to "counterproductive results."