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Two sources say the International Energy Agency (IEA) will recommend using its strategic petroleum reserves, given the potential disruption to oil supplies due to the situation in Iran. The initial release from the IEA's strategic petroleum reserves

2026-03-11

Two sources say the International Energy Agency (IEA) will recommend using its strategic petroleum reserves, given the potential disruption to oil supplies due to the situation in Iran. The initial release from the IEA's strategic petroleum reserves will exceed 100 million barrels in the first month.

Other News
2026-03-11

German Economy Minister: There is no shortage of energy supply.

German Economy Minister: There is no shortage of energy supply.
2026-03-11

OPEC Monthly Report: Secondary data shows that UAE crude oil production increased by 30,000 barrels per day in February to 3.419 million barrels per day.

OPEC Monthly Report: Secondary data shows that UAE crude oil production increased by 30,000 barrels per day in February to 3.419 million barrels per day.
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