The IEA confirmed that the emergency oil release launched in March will surpass 400 million barrels. Member countries are ready to deploy additional measures if market conditions warrant.
IEA says oil release announced in March will exceed 400 million barrels
IEA member nations are willing to take further action in global markets
The International Energy Agency announced that the coordinated emergency oil release initiated in March will exceed 400 million barrels. The agency also stated that member nations are prepared to take further action in global oil markets if necessary.
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