IEA's release of 400 million barrels is unprecedented, but its effectiveness is debated
- Posted on March 12, 2026
- By Le Monde
- 4 Views
IEA's release of 400 million barrels is unprecedented, but its effectiveness is debated
The International Energy Agency announced on Wednesday that it would release emergency oil reserves in an effort to soften the blow of supply disruptions in the Middle East, following the Israeli-American offensive against Iran. Yet by Thursday morning, Brent crude prices had surged back above $100 a barrel.
