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EconomyIEA says 325 million barrels of emergency oil released, with 75 million still to come

The International Energy Agency says 325 million barrels of emergency oil have been released, with another 75 million still pending. G7 leaders agreed on Friday to release 100 million barrels of diesel and crude after US pressure on Europe, as Iran’s restrictions on shipping through the Strait of Hormuz squeezed supplies.

energy securityemergency oilG7Strait of Hormuz

Eeuronews★★★★☆2026-10-03 13:59Original

IEA says 325 million barrels of emergency oil released, with 75 million still to come
Economy