Wealthy nations pledge record release of emergency oil reserves in a bid to calm surging prices - Diina New York - Your Intuitive Insights to New York's Local Pulse

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Author name: Bryan Horwath

Wealthy nations pledge record release of emergency oil reserves in a bid to calm surging prices

date Mar 11, 2026

international energy agency executive director Fatih Birol says it is a major action aiming to alleviate the immediate impacts of the disruption in markets. a group representing many of the world’s wealthiest countries agreed to release the largest volume of emergency oil reserves in its history.

Source: Journal

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