BREAKING: IEA Proposes Historic Oil Reserve Release as Iran Plants Mines Along Strait of Hormuz

TDThe International Energy Agency (IEA) has officially proposed releasing 300–400 million barrels of oil from its emergency reserves, as Iran effectively shuts down Strait of Hormuz. This would mark the largest coordinated release in the agency’s history, dwarfing previous interventions such as the 2011 release during the Libyan civil war and the 2022 release following … Continue reading BREAKING: IEA Proposes Historic Oil Reserve Release as Iran Plants Mines Along Strait of Hormuz