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Global energy
Latest news related to global energy
The IEA is prepared to release more oil from its strategic reserves if prices remain above $100.
International Energy Agency (IEA) Director Fatih Birol affirmed that member countries can continue releasing oil from their 1.4 billion barrel reserves to stabilize the global market.
Market
The IEA released a record 400 million barrels of oil from its reserves to cool down the global energy market.
The International Energy Agency (IEA) has decided to release the largest emergency oil supply in history to offset supply disruptions and stabilize world oil prices.
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