International Economic

IEA okays record oil reserve release amid Iran war supply crisis

By Frank Prenesti

Date: Wednesday 11 Mar 2026

(Sharecast News) - The International Energy Agency on Wednesday ordered the release of 400 million barrels of oil reserves - the largest in its history - to help ease the supply and price spike crisis caused by the US-Israeli attacks on Iran.
Oil prices had fallen overnight as reports emerged the...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page