https://www.live-feeds.com/feed/iea-says-325-million-barrels-of-emergency-oil-has-been-releasedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/iea-says-325-million-barrels-of-emergency-oil-has-been-releasedhttps://www.live-feeds.com/feed/iea-says-325-million-barrels-of-emergency-oil-has-been-released#u107947Wed, 07 Oct 2026 00:37:46 +0000The International Energy Agency (IEA) reports that 325 million barrels of emergency oil have been released, with 75 million still to come. This follows G7 leaders' agreement to release 100 million barrels of diesel and crude after US pressure on Europe. The move aims to counter global energy supply concerns, particularly for diesel, amid Iran's restrictions on shipping through the Strait of Hormuz.Why it mattersThe release of emergency oil reserves is a response to the global energy crisis, exacerbated by supply chain disruptions and geopolitical tensions. The G7's coordinated e