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International Energy Agency to recommend huge release of strategic oil stocks because of Iran war, sources say

IEA to recommend huge release of strategic oil stocks because of Iran war, sources say

The International Energy Agency (IEA) is recommending a large-scale release of oil from strategic reserves that would exceed 100 million barrels over the first month, two sources with knowledge of IEA discussions said ‌on Wednesday, to help restrain soaring crude prices amid the U.S.-Israel war with Iran.

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International Energy Agency to recommend huge release of strategic oil stocks because of Iran war, sources say

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