Event Brief
Mar 11, 2026 at 12:04 PM ET
Countries Agree to Release 400 Million Barrels of Oil
By The BriefBrief
The IEA announced a collective release of oil reserves to combat rising prices due to the Iran war.
WHO: International Energy Agency
WHAT: Release of 400 million barrels of oil from reserves
WHEN: Mar 11, 2026 at 10:07 AM ET
WHERE: Location not specified
WHY: To ease soaring oil prices caused by the Iran war
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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