The IEA will begin releasing more than 400 million barrels from emergency reserves imminently to counter a spike in crude prices since the start of the Iran war. The coordinated release is intended to boost global supply and dampen oil prices, representing a material, sector-level event for energy and commodities markets.
The IEA will begin releasing more than 400 million barrels from emergency reserves imminently to counter a spike in crude prices since the start of the Iran war. The coordinated release is intended to boost global supply and dampen oil prices, representing a material, sector-level event for energy and commodities markets.
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