Svmuu News The International Energy Agency (IEA) announced today that it will provide 400 million barrels of oil from emergency reserves to the market. The IEA stated that the situation in the Middle East has brought "significant and rising risks" to the oil market. These stocks will come from the mandatory reserves of IEA member countries. According to regulations, each member country must hold stocks equivalent to at least 90 days of net imports from the previous year. The reserves can be in the form of crude oil, refined products, or a combination of both. The latest IEA data shows that strategic reserves in North America are primarily crude oil, while European and Asian member countries hold both crude oil and refined products. As of the end of 2025, the total amount of oil in public stocks held by IEA member countries was 1.25 billion barrels, accounting for approximately 30% of the total OECD oil inventories. This marks the sixth time the IEA has issued an emergency reserve release directive since its establishment in 1974. (Jin10)