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IEA agrees to largest ever oil reserves release...
12 Mar, 2026 09:25 275 min read
The IEA is releasing 400 million barrels of oil from reserves due to a 20% drop in global supply from disrupted flows through the Strait of Hormuz during US-Israeli-Iran tensions. The US, Germany, South Korea, and Japan are mobilizing reserves. G7 nations support solidarity.... More