IEA Strategic Crude Oil Release Program
Sector: Oil and Gas • Location: Texas and Louisiana, United States
Source: IndexBox
In March 2026, the International Energy Agency's 32 member nations agreed to release a record 400 million barrels of crude oil from strategic reserves in response to Iran's blockade of the Strait of Hormuz. The United States committed 172 million barrels and awarded contracts to eight companies for the initial sale of 45.2 million barrels from storage sites in Texas and Louisiana. Withdrawals from
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under execution |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In March 2026, the International Energy Agency's 32 member nations agreed to release a record 400 million barrels of crude oil from strategic reserves in response to Iran's blockade of the Strait of Hormuz. The United States committed 172 million barrels and awarded contracts to eight companies for the initial sale of 45.2 million barrels from storage sites in Texas and Louisiana. Withdrawals from the U.S. Strategic Petroleum Reserve have accelerated sharply, with inventories falling to 374 million barrels, approaching operational stress limits. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |