#oil-market-stabilization

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Russo-Ukrainian War
fromThe Washington Post
2 days ago

Trump administration allows for Russian oil sales as energy prices soar

The Trump administration temporarily lifted sanctions on Russian oil shipments for 30 days to stabilize crude prices elevated by its Iran conflict, allowing sales of 128 million barrels previously stranded at sea.
US politics
fromAxios
3 days ago

Iranian oil squeeze tests Trump's war plans

Trump released 400 million barrels of oil globally and arranged naval escorts for tankers to stabilize markets after Iranian attacks threatened Persian Gulf shipping and oil prices.
fromwww.theguardian.com
4 days ago

IEA orders largest ever release of stockpiled oil to reduce crude price

Oil markets are global so the response to major disruptions needs to be global, too. Energy security is the founding mandate of the IEA, and I am pleased that IEA members are showing strong solidarity in taking decisive action together.
Europe news
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