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Published 21 hours ago
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100 Million Barrel Release Risks Draining Global Oil Cushions

100 Million Barrel Release Risks Draining Global Oil Cushions
Jan van der Wolf · pexels

The International Energy Agency has finalized plans to release another 100 million barrels of diesel, gasoline, and crude oil to mitigate the ongoing Hormuz supply squeeze. This latest injection follows a broader March initiative targeting a total release of…