Article #260444
The Guardian - World News
| Title | IEA orders largest ever release of stockpiled oil to reduce crude price | Source | The Guardian - World News |
| Description |
Members agree unanimously to release about 400m barrels amid market volatility caused by Iran war The International Energy Agency has ordered the largest release of government oil reserves in its history to help calm the oil price shock triggered by the US-Israeli attacks on Iran. The world’s energy watchdog said its 32 members had agreed unanimously to release about 400m barrels of emergency crude, a third of the group’s total government stockpiles and more than double the IEA’s previous biggest release. Continue reading... |
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| Link | https://www.theguardian.com/business/2026/mar/11/international-energy-agency-release-oil-stockpile-iran-war | Published At | 2026-03-11 10:27:50 (3 weeks ago) |
| Created At | 2026-03-11 11:04:44 | Updated At | 2026-03-11 11:04:44 |