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International Energy Agency announces members will release 400 million barrels from oil reserves
The release exceeds the 182 million barrels of oil that member countries released in 2022 when Russia invaded Ukraine.
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huffpost.com
International Energy Agency Mulls Largest Ever Oil Release To Lower Crude Prices: Report
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cnbc.com
IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The IEA's members are advanced economies in North America, Europe and Northeast Asia. They collectively hold about 1.2 billion barrels of oil in reserve.
