Project News Details
Title:
IEA proposes largest ever oil release from strategic reserves
Detail:
This move aims to reduce soaring crude prices. The US-Israel war with Iran is cited as a cause. Member states will meet to decide on the proposal. Oil prices dropped following the report. G7 ministers asked the IEA to assess the situation first.
Country:
Source:
ET Energy World
Published Date:
10.03.2026
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