The International Energy Agency announces the release of 400 million barrels of emergency oil reserves to the market

DeepFlowTech · 2026-03-11T14:18:57+00:00

The International Energy Agency (IEA) will release 400 million barrels of emergency reserve oil to the market to address risks arising from the Middle East situation. These stocks come from mandatory reserves of IEA member countries and comply with the 90-day inventory requirement. This is the sixth time the IEA has issued such a directive since 1974.

DeepFlowTech

2026-03-11 14:18:57

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Deep Tide TechFlow News, March 11 — The International Energy Agency (IEA) announced today that it will release 400 million barrels of oil from emergency reserves to the market. The IEA stated that the situation in the Middle East has brought “significant and rising risks” to the oil market. These reserves will come from mandatory stockpiles of IEA member countries. According to regulations, each member country must hold stocks equivalent to at least 90 days of net imports from the previous year. The reserves can be in the form of crude oil, refined products, or a combination of both.

The latest IEA data shows that North American strategic reserves are primarily crude oil, while European and Asian member countries hold both crude oil and refined products. By the end of 2025, the total oil in public stocks of IEA member countries will be 1.25 billion barrels, accounting for about 30% of OECD’s total oil stocks. This is the sixth time since the IEA’s founding in 1974 that an emergency reserve release has been issued. (Jin10)

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