Members of the International Energy Agency have agreed to release 400 million barrels of oil from strategic reserves.

Iran's effective blockade of the Strait of Hormuz has pushed dozens of countries to tap their emergency oil stockpiles. But what exactly are strategic reserves and who holds the world's biggest crisis ...

The International Energy Agency said Wednesday its member countries would unlock 400 million barrels of oil from their ...

Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading ...

Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in ...