17:21 - 15.10.2026

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October 15, Fineko/abc.az. The US government informed International Energy Agency (IEA) allies that current plans to release emergency oil reserves are insufficient to curb rising fuel prices.

According to Bloomberg, during an IEA meeting in Paris, US officials informally lobbied member nations for a commitment to release an additional 100 million barrels of oil to ease global market pressures. Surging prices driven by ongoing conflicts in the Middle East and Russia have led US President Donald Trump to consider banning diesel exports and contemplating potential supply arrangements with Russia.