Event Brief
Mar 23, 2026 at 12:04 PM ET
Countries Release Oil Reserves Amid Supply Disruption
By The BriefBrief
International Energy Agency members agree to release 400 million barrels of oil due to disruptions in the Strait of Hormuz.
WHO: International Energy Agency
WHAT: Release of 400 million barrels of oil from strategic reserves
WHEN: Mar 23, 2026 at 11:24 AM ET
WHERE: Iran
WHY: Iran's blockade of the Strait of Hormuz has disrupted global oil supply.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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