# IEA releases 325 million barrels from strategic reserves

> IEA reports 325 million barrels released from strategic reserves, exceeding March pledge.
- Title: IEA releases 325 million barrels from strategic reserves
- Summary: IEA reports 325 million barrels released from strategic reserves, exceeding March pledge. The International Energy Agency released 325 million barrels of oil…
- Keywords: international energy agency, strategic reserves, g-7, diesel, oil prices, us-iran conflict, ukraine, russian refineries, news, world, IEA, releases
- Source: The Straits Times — https://straitstimes.com/world/325-million-barrels-of-oil-from-strategic-reserves-released-says-international-energy-agency
- Published: 2026-10-03T13:10:00+00:00
- Read time: 1 min
- Topics: international energy agency, strategic reserves, g-7, diesel, oil prices, us-iran conflict, ukraine, russian refineries, news, world
## IEA update
The International Energy Agency reports 325 million barrels of oil have been released from strategic reserves, over 80% of the 400 million barrels pledged in March.
## G-7 action
G-7 countries, coordinated with the IEA, agreed to release 100 million barrels of diesel and crude oil immediately to ease global energy supply concerns caused by the US-Iran conflict.
## US pressure
The US government pressured allies to release diesel reserves amid supply shortages caused by Middle East tensions and Ukrainian strikes on Russian refineries.
## Strait of Hormuz
Iran has been throttling ship traffic through the Strait of Hormuz in retaliation for US and Israeli attacks, restricting diesel supplies.
## IEA statement
The IEA said in a statement on Oct 3 that 'around 325 million barrels of the IEA collective action announced on March 11 have so far been released, representing over 80% of the 400 million barrels originally pledged in the action'.

> around 325 million barrels of the IEA collective action announced on March 11 have so far been released, representing over 80% of the 400 million barrels originally pledged in the action
## G-7 commitment
G-7 countries agreed to release over the next four months 100 million barrels of oil and oil-derivative products, including a front-loaded substantial diesel release within the first 20 days.
## Key takeaway

The International Energy Agency released 325 million barrels of oil from strategic reserves, over 80% of the 400 million barrels pledged in March.