URGENT: Record 400M Barrels from Global Reserves Unleashed as Iran War Escalates

The International Energy Agency (IEA) announced on Wednesday that its member states will release a total of 400 million barrels of oil from their strategic reserves in an effort to stabilize global energy markets shaken by the ongoing war in the Middle East. The move represents the largest coordinated release of emergency oil stocks in the organization’s history. IEA Executive Director Fatih Birol described the decision as an unprecedented collective response to extraordinary market disruption....