{"id":102628,"date":"2026-03-10T08:51:33","date_gmt":"2026-03-10T12:51:33","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=102628"},"modified":"2026-03-10T08:51:33","modified_gmt":"2026-03-10T12:51:33","slug":"world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2026\/03\/10\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\/","title":{"rendered":"World leaders eye oil reserves, but so far hold off on tapping them"},"content":{"rendered":"<p>By Matt Sedensky NEW YORK (AP) \u2014 A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. If it might seem like the ideal time to dip into the world\u2019s emergency oil stockpiles, global leaders have so far responded with reluctance. Here is a look at the energy supplies that countries hold and when they tap them: Many countries have reserves of oil Since war erupted in the Middle East on Feb. 28 with U.S. and Israeli attacks on Iran, the flow of oil tankers through the Strait of Hormuz has all but stopped, cutting off a vital passageway for a huge amount of the world\u2019s oil. That has sent prices of oil soaring. Brent&#8230; <\/p>\n<div class=\"pmpro\">\n<div class=\"pmpro_card pmpro_content_message\">\n<div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription &#8211; Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div>\n<div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2026%2F03%2F10%2Fworld-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them%2F\">Log in here<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Matt Sedensky NEW YORK (AP) \u2014 A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. If it might seem like the ideal time to dip into the world\u2019s emergency oil stockpiles, global leaders have so far responded with reluctance. Here is a look at the energy supplies that countries hold and when they tap them: Many countries have reserves of oil Since war erupted in the Middle East on Feb. 28 with U.S. and Israeli attacks on Iran, the flow of oil tankers through the Strait of Hormuz has all but stopped, cutting off a vital passageway for a huge amount of the world\u2019s oil. That has sent prices of oil soaring. Brent... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription - Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2026%2F03%2F10%2Fworld-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-102628","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World leaders eye oil reserves, but so far hold off on tapping them - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/03\/10\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World leaders eye oil reserves, but so far hold off on tapping them - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"By Matt Sedensky NEW YORK (AP) \u2014 A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. If it might seem like the ideal time to dip into the world\u2019s emergency oil stockpiles, global leaders have so far responded with reluctance. Here is a look at the energy supplies that countries hold and when they tap them: Many countries have reserves of oil Since war erupted in the Middle East on Feb. 28 with U.S. and Israeli attacks on Iran, the flow of oil tankers through the Strait of Hormuz has all but stopped, cutting off a vital passageway for a huge amount of the world\u2019s oil. That has sent prices of oil soaring. Brent\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/03\/10\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T12:51:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2016\/01\/facebooklogo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/03\\\/10\\\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/03\\\/10\\\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\\\/\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/7b188fd7503577895ef8b306988cd458\"},\"headline\":\"World leaders eye oil reserves, but so far hold off on tapping them\",\"datePublished\":\"2026-03-10T12:51:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/03\\\/10\\\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\\\/\"},\"wordCount\":710,\"publisher\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#organization\"},\"articleSection\":[\"National News\",\"ticker\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/03\\\/10\\\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\\\/\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/03\\\/10\\\/world-leaders-eye-oil-reserves-but-so-far-hold-off-on-tapping-them\\\/\",\"name\":\"World leaders eye oil reserves, but so far hold off on tapping them - 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