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Oil faces ‘largest disruption’ in history of market, IEA warns

City A.M. | London's Business Newspaper - News, Opinion, & Anal… March 12, 2026
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The global energy body has warned the current oil crisis triggered by the war in the Middle East marks the “largest disruption” in history of the commodity’s market. The International Energy Agency (IEA) made a record intervention in the market on Wednesday, with the release of 400m barrels from the strategic reserves. But the move [...]

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