IEA member countries have agreed to release 400 million barrels from their strategic reserves to counter…
Tag: G7
Oil prices on the rise: the G7 plan to release their strategic reserves
Faced with soaring oil prices, the G7 countries are studying the possibility of releasing their strategic…
Saudi Arabia cuts oil production amid Strait of Hormuz crisis
Saudi Arabia has begun cutting its oil production following disruptions in the Strait of Hormuz, while…
Bahrain hit by an Iranian drone: 32 injured and regional tensions
An Iranian drone attacked Bahrain, injuring 32 civilians. The incident occurs in a context of…