Emergency global stockpile oil coming soon, IEA says

Refinery in Lavera, southern France
Governments have committed to make available 271.7 million barrels of oil ‌from government stocks. -EPA

More than 400 million barrels of oil from International Energy Agency emergency reserves will begin flowing soon, the ‌agency says in its most detailed account of the rollout of the plan to combat ‌a spike in crude prices since the start of the Iran war.

Hold tight - we’re checking permissions before loading more content