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International Business Times
International Business Times
World
Brian Slupski

Iran War Sparks Largest Ever Oil Reserve Release

Oil IEA Iran International Energy Agency

The International Energy Agency unanimously agreed to release 400 million barrels of oil from emergency reserves in response to the Iran war.

The IEA includes 32-member countries. The 400-million-barrel release means the oil will be available for distribution. It is the largest oil reserve release in history.

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