
Prompted by soaring oil prices amid the U.S.-Israeli war with Iran, the International Energy Agency will propose a record release of 400 million barrels from strategic stocks—the largest in IEA history—to help restrain crude prices.

Prompted by soaring oil prices amid the U.S.-Israeli war with Iran, the International Energy Agency will propose a record release of 400 million barrels from strategic stocks—the largest in IEA history—to help restrain crude prices.