International Energy Agency (IEA)¶
Coordinated an unprecedented emergency stock release in response to the Middle East crisis.
Emergency Response (March 2026)¶
- March 11: Unanimous agreement to release 400 mb from emergency reserves
- Described as "stop-gap measure" — insufficient without swift conflict resolution
- Global observed stocks at 8,210 mb (January), highest since Feb 2021
- OECD holds 1.25 billion barrels in government emergency reserves + 600 mb under government obligation