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"description": "The decision on the 12th day of the war comes in the wake of escalating disruptions to shipping in the Strait of Hormuz.",
"path": "/iea-prepares-historic-oil-reserve-release/",
"publishedAt": "2026-03-11T17:14:07.000Z",
"site": "https://www.aretenews.com",
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"textContent": "The International Energy Agency said its member governments have agreed to release up to 400 million barrels of oil from strategic reserves as the Iran war disrupts global energy markets.\n\nThe coordinated action, if fully implemented, would be the largest emergency oil release in the agency’s history, surpassing previous interventions during supply crises. IEA Executive Director Fatih Birol said the war was already affecting energy flows and creating wider risks for the global economy.\n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
"title": "IEA prepares historic oil reserve release as Iran war disrupts markets",
"updatedAt": "2026-03-11T17:14:08.011Z"
}