Economics ❯ Energy Economics ❯ Oil Prices ❯ Market Reactions

Supply and Demand

IEA Approves Record 400 Million-Barrel Oil Release to Counter Hormuz Supply Crunch

The move targets a supply shock driven by the effective shutdown of the Strait of Hormuz.

Von der Leyen Calls for Harder-Edged EU Foreign Policy, Pledges Ukraine Loan and Nuclear Reboot