عين ليبيا
Source: عين ليبيا
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The International Energy Agency announced that it would accelerate the release of around 71 million barrels of oil and petroleum products from strategic reserves through late February 2027, to address supply disruptions linked to the war on Iran and curb rising prices. The volumes include around 15 million barrels of diesel. The United States leads the drawdown with about 37 million barrels, followed by Europe with roughly 33 million; 4 to 5 million barrels are expected to be released in January. Since the drawdown began in March, member countries have used around 349 million barrels, and the total could reach 420 million—exceeding the announced target of 400 million. The agency warned that diesel prices could remain near record levels, potentially driving up transport, production and living costs, as well as inflationary pressures.
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