# WTI

#IEAReleases400MBarrelsFromOilReserves 🌍 Historic Oil Reserve Release Signals Market Relief, But Tensions Persist
It is Friday night, March 13, 2026, and energy markets are reacting to the largest emergency oil stock draw in history. The International Energy Agency (IEA) has released 400 million barrels from strategic reserves in response to disruptions around the Strait of Hormuz.
What You Need to Know
1️⃣ Scale of the Release
Largest in the IEA's 52-year history.
Equivalent to four days of global oil demand.
Goal: offset the 8 million barrels per day currently disrupted due to geopolitical

#OilPricesPullBack 🛢️📉
Global oil markets are seeing sharp relief after an aggressive intervention by the International Energy Agency (IEA), which announced a historic release of emergency reserves to stabilize energy prices.
After briefly surging above $120 earlier this week, crude prices have now dropped toward the mid-$80 range, easing pressure on global markets.
📊 What Triggered the Pullback?
🔹 Massive Strategic Oil Release
The IEA approved the release of hundreds of millions of barrels from global reserves, aiming to offset supply risks linked to tensions in the Strait of Hormuz.
🔹 G