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International Business Times
International Business Times
Business

The IEA Will Accelerate the Release of Oil Stocks and Prioritize Diesel: 'As Soon As Possible'

The International Energy Agency will speed up the release of oil stocks and prioritize diesel. (Credit: Getty Images)

The International Energy Agency (IEA) will speed up the release of oil stocks and prioritize diesel as the flow of fuel remains disrupted as a result of wars in Ukraine and the Middle East.

The agency said in a statement that so far "approximately 325 million barrels of oil have been released under the March 2026 Collective Action, with some countries having released greater volumes than they initially pledged."

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