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© France 24 01:45 IEA announces record oil stockpile release over Iran supply disruptions Issued on: 12/03/2026 - 11:43
The International Energy Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start of the US-Israeli war with Iran, with the US contributing the bulk of the supply.
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