ReePrime
IEA Oil Reserve Plan

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

IEA Oil Reserve Plan

B
Benzinga

36 Views • Mar 11, 2026

Description

The IEA proposed releasing 400 million barrels from member reserves — more than double the 2022 Ukraine response — to counter oil prices that surged up to 40% since February 28th. The decision was expected Wednesday as Strait of Hormuz closures continue disrupting ~20% of global oil supply.