IEA Pushes Record Oil Reserve Dump to Curb Prices
March 11, 2026·23 days ago·via The Korea Times
The International Energy Agency proposes the largest-ever release from strategic oil reserves, topping the 182 million barrels dumped in 2022 after Russia's Ukraine invasion, to fight soaring crude prices fueled by the U.S.-Israel war with Iran. IEA members meet urgently as the Strait of Hormuz faces disruptions, jamming tankers and spiking global energy costs. Read more about this...