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US to release 172m barrels of oil from strategic petroleum reserve

Mar 10, 2026Center Left

Energy secretary says move is part of broader release as oil prices soar due to supply shocks from US-Israel war on IranThe United States will release 172m barrels of oil from its strategic petroleum reserve in a bid to reduce oil prices that have soared due to supply shocks from the US-Israeli war with Iran, US energy secretary Chris Wright said on…

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Mar 11, 2026

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Global energy coalition to release 400M barrels of oil to deal with shocks from Hormuz blockade

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IEA Members Unanimously Approve 400 Million Barrel Oil Reserve Release, Largest Ever

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