IEA approves largest-ever oil reserve launch of 400m barrels amid Iran disaster

IEA approves largest-ever oil reserve release of 400m barrels amid Iran crisis

The 32-member International Energy Agency has unanimously agreed to release 400 million oil barrels from its global strategic reserves in an attempt to prevent supply disruptions and ease market fears caused by Iran war shortages.

READ MORE : http://www.euronews.com/2026/03/11/germany-and-japan-to-tap-oil-reserves-as-iea-and-g7-weigh-record-release

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