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IEA Looks at Releasing Oil Reserves as Iran War Chokes Supply

Energy Markets & PricesCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

IEA is considering releasing oil barrels from strategic reserves if Brent exceeds $90/bl, according to Bloomberg. Mixed messages from US officials about potential releases triggered short-term volatility in oil markets.

Analysis

IEA is considering releasing oil barrels from strategic reserves if Brent exceeds $90/bl, according to Bloomberg. Mixed messages from US officials about potential releases triggered short-term volatility in oil markets.

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