Hormuz blockade pushes regional gas exporters to seek alternative routes
- Strait closure exposes structural limits of bypass routes, disrupting 20 million barrels per day of oil and 20% of global LNG trade - Anadolu Agency
Last updated: 2026-03-16 01:22:11 ET
- Strait closure exposes structural limits of bypass routes, disrupting 20 million barrels per day of oil and 20% of global LNG trade - Anadolu Agency
Oil could pass 2008 record of $147.50 a barrel as damage and field closures risk compounding supply shock caused by Iran warAbout 20 miles off the coa...
Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling marketsMiddle East crisis – live updatesOil mar...
The U.S. and the International Energy Agency are releasing oil from their reserves as the average price of a gallon of gas in the U.S. has jumped 15% ...
NPR's Steve Inskeep speaks with energy analyst John Kilduff about the global release of more than 400 million barrels of oil, and its impact on global...
The IEA said Wednesday that its 32 member countries would release 400 million barrels of oil from emergency reserves.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed ...
IEA member states will distribute 400 million barrels of oil to ease the Iran war-caused supply crunch.
The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.
Max Layton, Citi global head of commodities research, joins 'The Exchange' to discuss the IEA's decision to release barrels of oil, which parts of the...
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