Can the IEA put a lid on the price per barrel by releasing oil stockpiles?
Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress prices
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IEA poised to call for largest ever release of stockpiled oil to reduce price
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How the Iran conflict could affect energy prices – video explainer
When the global economy was still in the grip of the devastating 1970s oil crises, exposing the chokehold exerted by a few important oil states, the International Energy Agency (IEA) was created, in the hope of limiting future shocks.
Almost half a century on, the IEA’s 32 members have drawn up plans to hit the emergency button, for only the fifth time in its history.
Source: Theguardian.com
Original source: https://www.theguardian.com/business/2026/mar/11/iea-oil-reserves-stockpiles-release-price-per-barrel-analysis
