UK joins IEA members in coordinated oil stock release

News
13 March 2026 21:11
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UK joins IEA members in coordinated oil stock release

The UK has joined International Energy Agency (IEA) partners in a coordinated release of oil stocks to the market.

A total of 400 million barrels of oil will be made available to the market, with the UK contributing 13.5 million barrels, News Cover reports, citing the UK government's official website.

This will help consumers by preventing short-term global supply disruptions that lead to volatile oil prices and damage the global economy.