IEA Proposes Massive Oil Reserves Release
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 11 March 2026
⏱️ 2 minutes
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| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand. That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. Join him later to learn why agents are a game changer for businesses across industries. |
| 0:25.1 | Here is your morning brief for Wednesday, March 11th. I'm Luke Vargas for the Wall Street Journal. |
| 0:31.1 | The International Energy Agency has proposed its largest ever release of oil reserves in an effort |
| 0:36.9 | to tame a surge in crude prices |
| 0:39.0 | related to the U.S. and Israel's war in Iran. The plans to release 400 million barrels of oil |
| 0:45.3 | into the market was circulated at an emergency meeting of energy officials yesterday and will pass |
| 0:50.8 | today if none of the IEA's 32-member countries objects. The proposal is intended |
| 0:56.6 | to counter the massive disruption caused by the near total closure of the Strait of Hormuz. |
| 1:02.4 | Authorities in the UAE say that four people have been wounded after a pair of Iranian drones |
| 1:08.0 | fell near Dubai International Airport. Despite the incident, flights are |
| 1:12.4 | continuing to and from the airport, which is the world's busiest for international travel. |
| 1:17.8 | And shares of Oracle rallied more than 7% in off-hours trading. That's after the cloud computing |
| 1:24.3 | company posted higher quarterly revenue and raised its sales outlook, |
| 1:28.6 | saying that companies have a growing need for cloud services to train and run AI. |
| 1:33.7 | Asian stocks have ended the day mixed. |
| 1:36.1 | European stocks are lower in midday trading, and U.S. stock futures are inching up ahead of U.S. |
| 1:41.9 | inflation data for February due out at 8.30 a.m. Eastern. |
| 1:45.9 | And we have got a lot more coverage of the day's news on the WS.J's Once News podcast. You can add it to your |
| 1:51.7 | playlist on your smart speaker or listen and subscribe wherever you get your podcasts. |
| 1:57.8 | Isn't home where we all want to be? Reba here for Realtor.com, the pro's number one most trusted app. |
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| 2:05.9 | You're searching for the one. |
... |
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