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Author name: Emirates 24|7

IEA Releases Over 400 Million Barrels of Emergency Oil Reserves

date Mar 16, 2026

the IEA announced on Sunday that oil from an unprecedented strategic reserve release will be available immediately in Asia. the speed of these supplies reaching the market is a key variable being monitored by traders to gauge the effectiveness of the move in curbing surging oil prices.

Source: emirates247.com

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