Record Oil Reserve Release Announced: US Plans to Withdraw 172 Million Barrels from Strategic Petroleum Reserve

MaticHoleFiller · 2026-03-17T10:52:26+00:00

The International Energy Agency has agreed to release 400 million barrels of emergency oil, with the United States extracting 172 million barrels within 120 days to address supply disruptions, a move that has drawn close attention from Western oil and refining companies.

MaticHoleFiller

2026-03-17 10:52:26

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The International Energy Agency agrees to release 400 million barrels of emergency oil. The United States plans to draw 172 million barrels from the Strategic Petroleum Reserve within approximately 120 days to address supply disruptions. Western oil and refining companies are closely monitoring the situation.

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Editor: Zhang Jun SF065

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