- The International Energy Agency (IEA) says it has proposed the largest release of strategic oil reserves in history.
- The International Energy Agency (IEA) is proposing the largest release of strategic oil reserves in history.
- The move is in response to surging oil prices, potentially linked to the Middle East conflict.
- The G7 is discussing a joint release of emergency oil reserves, potentially in coordination with the IEA.
- Oil prices have eased, with WTI crude falling from $116 to under $104.
The International Energy Agency (IEA) says it has proposed the largest release of strategic oil reserves in history.
Mar 11, 2026, 2:07:47 PM UTC(7 hours ago)
Impact: Very HighAffected Assets
Sources
From:@DeItaone
IEA SAYS IT HAS PROPOSED LARGEST RELEASE OF STRATEGIC OIL RESERVES IN HISTORY