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Fast Company

How strategic oil reserves work and why they...

In the second week of the Iran war—with the Strait of Hormuz effectively closed, cutting off shipping of 20% of the world’s oil supply—the International Energy Agency announced the largest release of strategic oil reserves in history. Thirty-two countries will sell a combined 412 million barrels from their reserves into the global market over four months, beginning in late March 2026. Energy researchers like me know that the concept of a strategic oil stock goes back to the early 20th century, w
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2 comments

techfan421h ago

This is a really insightful piece. The data backs up what I've been seeing in the industry.

devops_sam45m ago

Agreed. Would love to see a follow-up with more recent numbers.

curious_reader2h ago

I'm not sure the conclusion holds for smaller teams. Would be interesting to see this broken down by company size.

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