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U.S., IEA Agree to Release 60 Million Barrels From Oil Stockpiles Amid Ukraine Turmoil
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wsj.comThe U.S. and other major oil-consuming nations said Tuesday they would release 60 million barrels of oil from their emergency stockpiles, sending a jolt of new crude supplies into the market amid a price surge caused by the Ukraine crisis.
The move by members of the International Energy Agency, a Paris-based group that includes the U.S., Japan and much of Europe, represents another coordinated effort to counter Russia amid its invasion of Ukraine.
Read more on wsj.comAbout this in other media
Oil price falls below $100 amid Russia-Ukraine ceasefire talks theguardian.com /2 years ago
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Former Ukrainian boxer Wladimir Klitschko releases NFT to raise funds for country economictimes.indiatimes.com /2 years ago
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