Associated Press (Top)
Wealthy nations agree to record release of emergency oil reserves in a bid to calm surging prices AP News
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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
Read full original ›Associated Press(center)
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
Read full original ›MarketWatch(center)
Panic in the oil market has calmed down, with prices pulling back from the week’s highs near $120 a barrel after a group of wealthy nations said they will consider a coordinated release of emergency global crude reserves
Read full original ›BBC News(lean-left)
The group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began
Read full original ›AFP / France 24(center)
The International Energy Agency (IEA) said its 32 members would release a record 400 million barrels from strategic reserves to steady markets as the Middle East war continue to push oil prices higher and threaten global supply.
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