Italy releases 9.966 million barrels of oil as part of IEA’s strategic reserves effort
12 Mar 202619:18 PM
Italy releases 9.966 million barrels of oil as part of IEA’s strategic reserves effort
Al Jazeera
⁠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.