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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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Unprecedented move underscores fears of threat to global economy from the Middle East war
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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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Asian Stocks Poised for Gains, Oil Swings Higher: Markets Wrap Bloomberg.comShares steady, oil turbulence deepens over Middle East war fears ReutersIEA Reportedly Proposes Largest Ever Oil Stockpile Release Bloomberg.comWhy emergency oil releases won't fix this crisis CNNOil Futures Mixed as Traders Digest IEA's Proposal to Release Strategic Reserves
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