Swiss President Guy Parmelin says there is currently no serious oil shortage in Switzerland. The government is therefore not yet heeding the International Energy Agency’s call to release its oil reserves, he told the press on Friday. +Get the most important news from Switzerland in your inbox “The International Energy Agency has called on its member states to voluntarily release oil reserves,” said Parmelin, who is also the economics minister. However, the government can only release Switzerland’s reserves in the event of a serious shortage. “There is therefore no legal basis for responding actively to the current appeal.” On the other hand, the reserves could theoretically be released to fulfill international obligations, even if there is no threat of, or actual, shortage domestically, said Parmelin. + Diesel prices jump in Switzerland as Middle East conflict shakes energy markets The easing of sanctions against Russia due to the sharp rise in oil prices was not a topic of …