Browsing Tag
Fatih Birol
2 posts
Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
March 12, 2026
Iran: Get ready for $200 oil. IRGC fires on more ships in the Gulf
Iran warned of $200 oil as IRGC forces attacked merchant ships in the Strait of Hormuz. The IEA ordered a record 400-million-barrel strategic reserve release.
March 12, 2026