Why historic release of oil reserves may do little to tame surging prices Oil prices continue to soar despite the International Energy Agency’s plans to release 400m barrels into the market.Share this: US moves to release more oil stockpiles under IEA agreementDateMay 12, 2026In relation toAl-JazeeraJapan begins release of oil reserves as Iran war sparks energy crisisDateMarch 16, 2026In relation toAl-JazeeraIEA announces release of 400 million barrels of oil. But is it enough?DateMarch 13, 2026In relation toAl-Jazeera