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Thursday, October 15, 2026

US tells IEA emergency oil release plans fall short - Bloomberg

 

The United States has told other International Energy Agency members that current plans to release emergency oil stocks are insufficient to curb rising fuel prices, Bloomberg News reported Thursday, citing people familiar with the matter.

US officials at an IEA meeting in Paris have not formally proposed a plan but have been lobbying for an additional release of at least 100 million barrels, the report said.

https://www.iranintl.com/en/202610157114

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