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The largest-ever release of oil from the International Energy Agency's emergency stockpiles lifted prices for the commodity up by more than 5% on Wednesday.
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U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher The New York TimesGas Prices Have Surged 60 Cents Per Gallon—But Oil Reserve Release Could Bring Prices Down. ForbesAAA Fuel Prices AAA Fuel PricesIn a time of war with Iran, Americans unite in aggravation over sticker shock at the gas pump AP NewsRising gas prices frustrate Iowa drivers as costs jump at the pump KCCI
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Dow falls 300 points despite record emergency oil reserves release: Live updates CNBCWhy Oil Prices Are Still Higher Despite the Record IEA Oil Reserves Release Barron'sStock market today: S&P 500 and Nasdaq rise, Dow slips amid fresh inflation data, continued Iran fallout Yahoo FinanceUS stock futures tick up ahead of CPI data; traders assess Iran war outlook Investing.com
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The planned release by members of the International Energy Agency is the largest such coordinated action on record.
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