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IEA agrees to record release of emergency oil reserves to calm surging prices

✍️ Associated Press 📅 March 11, 2026 10:36 PM ⏱️ 1 min read 🕐 Scraped: March 11, 2026

Summary: It will make 400 million barrels of oil available from its members’ emergency reserves.

The International Energy Agency agreed on Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects on energy markets of the war in the Middle East.

The Paris-based organisation s

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Author

Associated Press

Original Publisher

🌍 South China Morning Post

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Published Date

March 11, 2026 at 10:36 PM

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