IEA Pushes Record Oil Reserve Dump to Curb Prices

March 11, 2026·3 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...

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