IEA releases 325M barrels from reserves to counter Iran supply shock

IEA member states have released 325 million barrels from strategic reserves, short of the 400 million barrel commitment, in response to supply disruptions from the US-Israel attack on Iran. The G7 separately agreed to release 100 million barrels of diesel and crude. This coordinated drawdown signals acute supply tightness and is a direct policy response to geopolitical risk in the Gulf.