IEA says 400 million barrels of emergency oil to enter global markets ‘soon’
3/15/2026 6:35:21 PM
The International Energy Agency says oil from emergency reserves will “soon” begin reaching global markets after member states agreed to release large volumes to stabilise supply.
In a statement, the agency said 400 million barrels would be made available after disruptions linked to the Israeli-US war on Iran.
Stocks in Asia and Oceania will be released immediately while supplies from the Americas and Europe are expected to start entering the market towards the end of March.
In a statement, the agency said 400 million barrels would be made available after disruptions linked to the Israeli-US war on Iran.
Stocks in Asia and Oceania will be released immediately while supplies from the Americas and Europe are expected to start entering the market towards the end of March.