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Oil prices choppy as WSJ reports IEA eyes biggest oil release ever Reuters
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https://www.cnbc.com/2026/03/14/iran-war-iea-oil-stockpile-spr-strait-hormuz.html The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the Iran war. More t
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The 32 member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil from their emergency reserves, the largest coordinated stock release in the agency’s 52-year history.
The post IEA Members Unanimously Approve 400 Million Barrel Oil Reserve
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Big oil tanks are pictured in front of the BP refinery in Gelsenkirchen, one of the biggest fuel producers in Germany, Wednesday, March 11, 2026. (AP Photo/Martin Meissner)
2026-03-11T11:48:23Z
BERLIN (AP) — The International Energy Agency agreed Wednesday to release the largest volume of emergency
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The International Energy Agency agreed on Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects on energy markets of the war in the Middle East.
The Paris-based organisation said it will make 400 million barrels of oil available from its me
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