According to CoinMeta, the International Energy Agency (IEA) hopes to accelerate the release of oil reserves. According to a report by a federal regulatory agency, the United States is not yet prepared for the upcoming situation. Governments around the world are drawing on emergency oil reserves faster than ever, and the room for sustainability is narrowing. IEA member countries supported the acceleration of the oil inventory releases they pledged to do by March 2026 on October 7, with the goal of completing them as soon as possible. It was also stated that there is tension in the diesel market, and priority is given to releasing diesel. According to Reuters, analysts at JPMorgan Chase believe this move is an acceleration of the already pledged oil releases, rather than a new intervention. This action by the IEA is historic, as member countries have agreed to supply 400 million barrels of oil to the market in the context of dealing with the Iran war and disruptions in tanker traffic through the Strait of Hormuz.