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International Energy Agency

2 events, most recent first · See what it is connected to

  1. economyWashington, United States

    G7 oil-reserve release follows Trump’s Europe diesel call

    G7 leaders agreed to release up to 100 million barrels of crude and diesel through the IEA over four months, including a substantial diesel release in the first 20 days. Members also agreed not to restrict energy exports to one another; Trump later said the US would not impose a diesel-export ban.

    6.37USD per gallon▼ from 6.53

    US average diesel price

    +72 more claims17 sourcesUpdated
  2. economyUnited States

    US stocks fall as oil prices fluctuate over Strait of Hormuz risks

    US stocks closed lower as oil prices first rose over concerns about attacks and supply disruptions in the Strait of Hormuz, then fell after IEA members indicated they could release additional reserves. Treasury yields reached their highest levels in more than two decades.

    100Mbarrels

    Oil reserves agreed for immediate release by G7 countries and the IEA

    +8 more claims1 sourceUpdated