Iran has continued to ship crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has disrupted broader energy supplies via the waterway.
Wealthy nations pledge record release of emergency oil reserves in a bid to calm surging prices AP NewsCountries agree on historic release of crude reserves to lower oil and gasoline prices CNNCountries agree to a historic release of stockpiled oil to ease global disruption NPRIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBC
Members of the International Energy Agency have announced a coordinated release of 400 million barrels of stockpiled oil in an attempt to counter the disruption in oil trade triggered by the Iran war.