The conflict in Iran has halted shipments through the Strait of Hormuz and pushed the price of oil and gas sharply higher.
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The International Energy Agency (IEA) says it has agreed to release a record 400 million barrels of oil from its strategic reserves to help stabilise markets.
IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
IEA reportedly proposes largest release of stockpiled oil to reduce crude price
IEA’s 400m oil barrel reserve release unlikely to provide much relief to markets, analysts warn
Strategic oil release may calm markets but cannot fix Hormuz disruption
The IEA is releasing a record 400 million barrels of emergency oil. It may not be enough | Fortune
Oil prices rise despite deal to release record amount of reserves
The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising
IEA Agrees To Record Release Of Emergency Oil Reserves In An Effort To Calm Surging Prices
Will releasing millions of barrels of oil stockpiles really bring down fuel costs?
IEA agrees record release of oil reserves to counter soaring energy prices
