Chokepoint Data · the Strait of Hormuz crisis

IEA agrees record 400-million-barrel emergency reserve release

2026-03-11 · policy · major

IEA member countries agreed to release an unprecedented 400 million barrels from emergency reserves, the largest release in the agency's history, with the US contributing 172 million barrels from the SPR. The action responded to the halt of cargo movement through the Strait of Hormuz.

Brent next close +1.3% · +7 days +31.4% · transits 1.3 → 1.7 per day · reaction near an ordinary day (49.6th percentile)

Sources

CNBC · Al Jazeera · IEA press release

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Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt

https://chokepointdata.com/event/2026-03-11-iea-agrees-record-400-million-barrel-emergency-reserve-relea/