economic
Global Oil Crisis Intensifies
Brent crude hits $148/bbl. US announces release of 180M barrels from Strategic Petroleum Reserve. IEA triggers emergency oil sharing. Gas prices reach $6.20/gal in US. China and India accelerate purchases of Iranian oil via shadow fleet.
Sources
- T1 IEA Official international
- T2 Bloomberg Major western
- T2 Global Times Major eastern
- T3 Kpler Institutional international