Iran conflict halts oil flows, nations tap strategic stock

Iran conflict halts oil flows, nations tap strategic stock

This move marks the largest-ever coordinated strategic oil release, surpassing the 182.7 million barrels released during the Ukraine war in 2022, highlighting the severity of supply shocks and market uncertainties

A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. In response, the International Energy Age… [+5309 chars]
Iran conflict halts oil flows, nations tap strategic stock - FHMnews