IEA recommends record 400M barrel oil release amid Iran war

Published: Mar 11, 2026 4:43 PM • Updated: Mar 11, 2026 8:03 PM • Original source

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IEA recommends record 400M barrel oil release amid Iran war

The International Energy Agency has agreed to release a record 400 million barrels of oil from its members’ strategic reserves, in an attempt to counter soaring global energy prices amid the US-Israeli war on Iran.

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