The International Energy Agency announced that its 32 member states have unanimously decided to release 400 million barrels of oil from strategic reserves. This decision was made to stabilize global energy markets amid geopolitical tensions and rising oil prices. The agency emphasized that the measure is temporary and aims to ensure sufficient supplies to the market. "We are acting in response to the unprecedented situation in energy markets," the agency said in a statement. Experts believe this step will help ease pressure on consumers and prevent a global recession.
