One of the IEA's core activities is ensuring the security of oil supplies by setting stockholding requirements for member countries. In accordance with the Agreement on an International Energy Programme, each IEA country has an obligation to hold emergency oil stocks equivalent to at least 90 days of net oil imports. In case of a severe oil supply disruption, IEA members may decide to release these stocks to the market as part of a collective action. {tables} (full story)