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IEA's Oil Reserve Release Drives Crude Prices Up

Filed: Mar 12, 2026 at 4:02 AM ET
Summary: The IEA's largest-ever oil reserve release has increased crude prices by nearly 5%.
WHO: International Energy Agency
WHAT: release of oil reserves
WHEN: Mar 11, 2026 at 10:54 PM ET
WHERE: Location not specified
WHY: to manage market stability
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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