On Thursday 12 March 2026, Luxembourg's Ministry of the Economy announced that the Grand Duchy would release part of its emergency oil reserves.
Following the International Energy Agency's (IEA) decision to implement coordinated action to release emergency oil stocks onto the market, Luxembourg has chosen to join this initiative. In a spirit of solidarity with other IEA member states, the Grand Duchy will release a limited quantity of its strategic reserves, corresponding to 8,385 tonnes of oil.
The IEA move is intended to help address disruptions in global oil markets linked to the conflict in the Middle East.
However, the ministry noted that no supply problems have been observed in Luxembourg at this stage.
