Over 182 Million Barrels: IEA Reportedly Proposes Largest-Ever Strategic Oil Reserve Release
According to informed officials,The International Energy Agency (IEA) has proposed releasing the largest oil reserve in history to curb the sharp rise in crude oil prices during the US-Iran war.Officials stated,This release will exceed the total 182 million barrels of oil released by IEA member countries in two batches following the outbreak of the Russia-Ukraine conflict in 2022.The proposal was circulated at the emergency meeting of energy officials from IEA's 32 member countries on Tuesday.Countries are expected to decide on the proposal on Wednesday.If no country objects, the proposal will be adopted; however, if even one country raises an objection, the plan could be delayed.
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2026-04-28 14:52:02
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2026-04-27 15:15:57
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