Italy releases 9.966 million barrels of oil as part of IEA’s strategic reserves effort
3/12/2026 7:18:22 PM
Italy will contribute 9.966 million barrels of oil to a coordinated release of strategic oil reserves, joining other International Energy Agency (IEA) members, the country’s Energy Ministry has said in a statement.
The oil reserves, to be released within the “next few weeks”, represent around 13.5 percent of Italy’s total security stocks, the statement added.
The oil reserves, to be released within the “next few weeks”, represent around 13.5 percent of Italy’s total security stocks, the statement added.