IEA to recommend record release of strategic oil stocks because of Iran war, sources say
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Source: Middle East Eye
Published: 2026-03-11 21:50 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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Snippet:
The International Energy Agency (IEA) is to recommend the release of 400 million barrels of oil, the largest such move in IEA history, three sources said on Wednesday, to try to restrain soaring crude prices amid the US-Israeli war with Iran.
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