#strategic-reserves-release

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#oil-market-disruption #middle-east-conflict #us-iran-tensions #energy-prices-and-politics
US news
fromwww.npr.org
6 hours ago

U.S. investigates strike on Iranian school as the war sparks a global oil crisis

Unknown attackers struck three commercial oil ships in the Strait of Hormuz, effectively closing a critical global oil passage, causing prices to spike to $100 per barrel and prompting international strategic reserve releases.
World news
fromwww.theguardian.com
1 day ago

G7 energy ministers say they support in principle use of strategic oil reserves business live

G7 nations support strategic oil reserve releases to address crude price pressures amid Middle East tensions and Strait of Hormuz disruptions.
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