Published by
Reuters
Reuters
By Noah Browning and Dmitry Zhdannikov LONDON (Reuters) – The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. Unilateral action by Washington to address global supply or price issues risks undermining the U.S. relationship with the IEA, the world’s energy watchdog that normally oversees international releases from emergency stockpiles, and could raise questions about the continued …