US Media: IEA Proposes to Release Its Largest-Ever Oil Reserves

CycleProphet · 2026-03-11T00:24:59+00:00

The International Energy Agency has proposed releasing the largest-ever stockpile of oil reserves to counter the surge in crude oil prices caused by the US-Israel conflict. This release will exceed the levels seen during the Russia-Ukraine conflict in 2022. The proposal has been discussed at an emergency meeting of member countries, and a decision is expected on Wednesday.

CycleProphet

2026-03-11 00:24:59

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Deep Tide TechFlow News, March 11 — According to The Wall Street Journal, sources say the International Energy Agency (IEA) has proposed releasing its largest-ever oil reserves to lower crude oil prices that have surged due to the US-Israel conflict with Iran. Officials stated that the amount of oil to be released will exceed the 182 million barrels released in two market interventions by IEA member countries during the 2022 Russia-Ukraine conflict. The proposal was discussed at an emergency meeting of energy officials from the 32 IEA member countries on Tuesday. Countries are expected to decide on the proposal by Wednesday. If no one objects, the proposal will be approved; but even a single objection could delay the plan’s implementation. (Jin10 Data)

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