The 32 countries that make up the International Energy Agency (IEA) have been asked to release 400 million barrels of crude oil, equivalent to about a third of the reserves of all member states (which includes Portugal). The goal is for a sudden increase in supply to cause a drop in the price of a barrel of oil.
Portugal to release 'nine days of its oil reserves' due to the attack on Iran. 'This must be replenished as soon as possible'
Thursday, 12 March 2026RSS
