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US Not Engaged in Any Talks About New Oil Stocks Release, Official Says

Business & Policy
April 2, 2026

(Reuters) – The United States is not engaged in any discussions to release additional crude oil from strategic stockpiles, an Energy Department official said on Thursday.

The International Energy Agency has said it is considering another coordinated release to address supply disruptions stemming from the war in Iran, after its ⁠members in March agreed to release a record 400 million barrels.

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Reporting by Richard Valdmanis