The #IAEA said it had proposed releasing 400 million barrels per day from strategic #oil reserves.
It said 32 member countries had unanimously agreed to make emergency reserves available to the market.
The release would take place over a timeframe that was appropriate to the national circumstances of each member country, the IEA said.
The agency's secretariat will provide further details of how the collective action would be implemented.
#Trump #Iran #war #inflation
https://www.reuters.com/world/iran-war-live-tehran-continues-fire-israel-targets-across-middle-east-2026-03-11/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement