#strategic-petroleum-reserve
#strategic-petroleum-reserve
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World news
fromAxios
2 months agoWhite House says it's not planning oil or gas export restrictions
The U.S. administration ruled out oil and gas export restrictions while pursuing alternative measures to address rising gasoline prices, including Strategic Petroleum Reserve releases and potential Iranian oil sanctions waivers.
World news
fromAxios
2 months agoWhite House says it's not planning oil or gas export restrictions
The U.S. administration ruled out oil and gas export restrictions while pursuing alternative measures to address rising gasoline prices, including Strategic Petroleum Reserve releases and potential Iranian oil sanctions waivers.
#emergency-oil-reserves
World news
fromwww.theguardian.com
2 months agoIEA to consider release of more oil reserves as Iran war keeps prices high
The International Energy Agency plans to release additional emergency crude oil reserves to stabilize global markets disrupted by the Strait of Hormuz crisis, with 400 million barrels planned for release.
fromLondon Business News | Londonlovesbusiness.com
2 months agoOil volatile amid geopolitical development - London Business News | Londonlovesbusiness.com
The market pulled back after the US allowed a temporary window for countries to buy stranded Russian oil and after the IEA confirmed a coordinated 400 million barrel emergency stock release. These steps helped ease some immediate supply fears, although they could remain insufficient compared to the scale of the disruption.
Europe news
World news
fromwww.npr.org
2 months agoIran's supreme leader issues his first statement as war with U.S. and Israel rages
Iran's new Supreme Leader Mojtaba Khamenei issued his first statement as the U.S.-Israeli conflict enters its 13th day, following his father's death in an Israeli strike, while Iran escalates attacks on oil tankers and energy infrastructure.
Right-wing politics
fromAxios
2 months agoSchumer calls on Trump to release oil from reserve to lower gas prices
Republicans attribute post-Iran attack oil price increases to temporary market fears, while Democrats blame Trump's policies and demand Strategic Petroleum Reserve releases to lower gas prices.
fromAxios
2 months agoOil prices surge as Trump team readies to "mitigate" costs
We anticipated this could be an issue. He didn't offer details but said it's designed to 'mitigate against' the price impact. The U.S. does not have immediate plans to release oil from the Strategic Petroleum Reserve, Bloomberg reports. But ING analysts said in a note: 'The longer the Middle East disruptions last, the more likely we are to see coordinated emergency releases from several countries.'
World news
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