"International Energy Agency agreed to coordinate release of 400 million oil barrels to reduce prices": Trump

Iran Herald · March 12, 2026 Sanctions

Kentucky [US], March 12 (ANI): US president Donald Trump on Wednesday (local time) said that the International Energy Agency (IEA) has agreed to coordinate the release of 400 million barrels of oil from national petroleum reserves worldwide in a bid to reduce prices amid conflict involving Iran.

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