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March 12, 2026 - Current affairs for all the Exams: Escalating West Asia Conflict: Global Energy Crisis Deepens as IEA Authorizes Record Oil Release

March 12, 2026

The direct military conflict between the United States, Israel, and Iran has reached a critical juncture with coordinated missile strikes, the mining of the Strait of Hormuz, and a historic 400-million-barrel emergency oil release by the International Energy Agency (IEA) to stabilize spiraling global markets.

Question 1 of 12

Which international organization announced a record-breaking release of 400 million barrels of oil from strategic reserves in March 2026?

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