More than 300 million barrels of oil have already been released since the start of the war in the Middle East, according to the International Energy Agency (IEA). The IEA is a group of 32 countries that work together to ensure stable oil supplies and secure energy for its members. The agency said its member states are ready to release more oil from their emergency reserves if needed, especially diesel, which is used in transportation and other key sectors. The IEA member states hold about 1.1 billion barrels of oil in total, including more than 200 million barrels of diesel. In a recent statement, the agency said these reserves could be made available to the market if necessary, depending on the situation. The decision to prioritize diesel comes in response to growing concerns about supply disruptions and rising prices due to ongoing tensions in the region. The IEA emphasized that diesel would be released "as much as possible" to help ease pressure on the market. This decision was made during a meeting held earlier this week, where the agency confirmed that about 325 million barrels of oil had already been released as part of a coordinated effort in March 2026. These releases were part of a larger plan to stabilize global oil markets during a period of uncertainty. The IEA also mentioned that additional oil reserves, if needed, could add approximately 100 million more barrels to the market. While the agency has not yet decided to release more oil, it has made it clear that it is prepared to act if the situation in the Middle East worsens or if energy markets become more unstable. This readiness reflects the importance of maintaining energy security for IEA members and the global economy.