IEA

Despite massive IEA reserve release, oil prices rise as tankers hit in Iraqi waters

The International Energy Agency agreed to release a record 400 million barrels of oil to help rein in prices that have spiked due to supply shocks

12 March, 2026

IEA considers largest oil reserve release in history — here’s what it means

The International Energy Agency is considering the largest release of emergency oil reserves in its history as markets reel from supply disruptions linked to the war with Iran.

11 March, 2026

India declines joining IEA emergency oil release

G7 finance ministers are due to meet to discuss the possible release of oil reserves to calm markets

10 March, 2026

Saudi Arabia cuts oil output, IEA considers stocks release

The Iran crisis has already cut global oil supply by a combined 200 million barrels over the past 10 days, according to analysts’ estimates

09 March, 2026