Strategic Oil Reserves Released as IEA Recommends Reducing Travel and Speed Limits
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Governments have released strategic oil reserves in response to rising crude oil prices, while the International Energy Agency has issued recommendations to protect consumers from high fuel costs. The IEA is advising countries to implement massive work-from-home policies and reduce air travel to curb oil demand. The agency also recommends lowering speed limits as part of broader measures to ease pressure on household budgets amid surging energy prices.