https://www.live-feeds.com/feed/the-iea-wants-to-empty-its-oil-reserves-faster-a-federal-watchdog-says-the-u-s-isn-t-ready-for-what-comes-nextContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/the-iea-wants-to-empty-its-oil-reserves-faster-a-federal-watchdog-says-the-u-s-isn-t-ready-for-what-comes-nexthttps://www.live-feeds.com/feed/the-iea-wants-to-empty-its-oil-reserves-faster-a-federal-watchdog-says-the-u-s-isn-t-ready-for-what-comes-next#u124639Fri, 16 Oct 2026 01:28:21 +0000The International Energy Agency (IEA) is speeding up its release of emergency oil reserves, aiming to finish a record 400 million-barrel release amid spiking diesel prices. A US federal watchdog warns that the US Strategic Petroleum Reserve is aging, shrinking, and operating without a target size, raising concerns about the country's preparedness for future disruptions. The IEA's move and the US's situation have implications for global oil markets.Why it mattersThe IEA's decision to empty its oil reserves faster comes as diesel prices surge and the global market tightens. T