global supply

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    Iran Oil Release: A Short-Term Market Boost

    Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...
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    Strategic Oil Release Aims to Stabilize Global Fuel Prices

    March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to help stabilize global markets.Approximately 400 million barrels will be released, with supplies to Asia and Oceania starting immediately, and deliveries to...
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