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IEA to release record 400 million barrels of crude oil to calm global markets | DW News
Posted
March 11, 2026
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March 11, 2026
94,838
903
342
1.31%
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11:30Now PlayingIn response to the Iran war, the International Energy Agency says its 32 member countries will unlock a record 400 million barrels of oil from their strategic reserves to stabilize soaring energy prices. That includes countries like Germany and Japan that will now draw on their emergency stocks as the turmoil in the Middle East disrupts supplies. The IEA warned that the global oil market was facing unprecedented challenges due to the war.
#dwnews #iranwar #oil
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