US to Release 172 Million Barrels for IEA Plan to Tap Reserves - Bloomberg

Bloomberg
March 12, 2026
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1 min read

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The US will release 172 million barrels of oil as part of an IEA plan.

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The US will release 172 million barrels of oil as part of an International Energy Agency coordinated plan to tap strategic petroleum reserves. The release represents part of a broader IEA initiative involving multiple member countries accessing their emergency oil stockpiles.

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