IEA to release one-third of total oil reserve stock to combat energy crisis
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Source: Middle East Eye
Published: 2026-03-12 03:54 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
The International Energy Agency (IEA) said on Wednesday that its member countries agreed to unlock 400 million barrels of oil from their reserves, as the US-Israeli war on Iran cut off supplies from the Gulf.
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