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The International Energy Agency announced its intention to release more than 400 million barrels from emergency oil inventories, accelerating the pace of releasing the remaining amounts beyond the original agreement made in March, which was for 400 million barrels. This comes at a time when the United States is pressing to increase withdrawals from reserves, expressing dissatisfaction with the current plans, considering them insufficient to reduce fuel prices. It is also noted that U.S. officials are seeking informal support to withdraw at least an additional 100 million barrels, although no official proposal has been made so far.
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