IEA Agrees Historic Release of 400 Million Barrels to Ease Global Oil Prices
By Fanuel Chinowaita LONDON — Member states of the International Energy Agency (IEA) have unanimously agreed to release 400 million barrels of crude oil into the global market in what officials describe as the largest emergency release of oil reserves in history, aimed at easing soaring fuel prices triggered by escalating tensions in the Middle…
