IEA Proposes Largest-Ever Release of Oil from Strategic Reserves
The International Energy Agency (IEA) has proposed releasing the largest-ever volume of oil from strategic reserves to stabilize the global market. According to The Wall Street Journal, the initiative was presented at an emergency meeting of representatives from 32 member countries on March 10, with a final decision expected on March 11. The potential release volume exceeds 182 million barrels, matching the amount released in 2022 after the start of Russia's war against Ukraine.











