The International Energy Agency announced a record release of 400 million barrels of oil from reserves to stabilize global energy markets.This move comes as the Strait of Hormuz remains effectively closed to shipping following a major escalation in the Middle East conflict.Major producers have reduced output by over six million barrels daily, causing significant disruptions to global supply chains and manufacturing.Analysts warn that the resulting energy price spikes will likely contribute to increased inflationary pressure throughout the coming spring.