Welcome to the stone and sticks age! The White House:” I'm pleased to report that earlier today, the @IEA agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves... which will substantially reduce the oil prices as we end this threat to America..."

Reality The 400 million barrels coordinated release by the International Energy Agency (IEA) on March 11, 2026, covers its 32 member countries (primarily OECD nations like the US, Japan, Germany, France, UK, Canada, South Korea, and others in Europe and beyond) covers just 4!!! Days of global demand.

Recent IEA data (from the February 2026 Oil Market Report, the latest pre-release forecast) projects global oil demand averaging around 104–105 million barrels per day 😱 . the 400 million barrel release equates to roughly 4 four days of global demand (400 million ÷ ~100 million bpd ≈ 4 days).

To make matters worse, Strategic reserves for context For all IEA members collectively hold over 1.2 billion barrels 😂 or just around 12 days or global consumption , The 400 million release draws from the public portion (about a third of it) to address the acute supply disruptions from the Middle East conflict (Iran-related issues, Red Sea/Straight of Hormuz risks). Lights out! Meantime in Iran …