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IEA orders largest ever release of emergency oil
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2026 3 months ago
Member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil into the global market – the largest release of emergency oil stocks in history – in a drastic move aimed at shoring up crude supplies and capping a surge in prices caused by the conflict in the Middle East. CNN's Business and Economics Reporter Anna Cooban reports.
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