IEA governing board accelerates release, including over 20M bbl of diesel as soon as possible

The IEA's governing board agreed to accelerate emergency oil reserve releases, including over 20 million barrels of diesel as soon as possible, amid the Strait of Hormuz crisis. Approximately 330 million barrels have so far been released, and the board reaffirmed its commitment to continue delivering on the March 2026 collective action.

Detected & updated continuously · Source: Nebula