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Event Brief

Germany, Austria to Release Oil Reserves Amid Crisis

Germany and Austria are releasing oil reserves following an IEA request to help stabilize energy prices due to the Iran war.
WHO: Germany and Austria
WHAT: Releasing oil reserves
WHEN: Mar 11, 2026 at 8:26 AM ET
WHERE: Germany and Austria
WHY: To help temper energy price spikes due to the Iran war

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