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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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 ›Bloomberg(center)
The International Energy Agency agreed to discharge 400 million barrels from emergency oil reserves, its largest-ever release, as governments seek to contain a price spike driven by the Middle East war.
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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
Read full original ›Financial Times(lean-left)
Unprecedented move underscores fears of threat to global economy from the Middle East war
Read full original ›Financial Times(lean-left)
Plan underlines fears for the global economy from energy shock triggered by the Middle East war
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