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» News Alert: U.S., other world powers to release 60 million barrels of oil from reserves to ease gasoline prices hit by Russia’s Ukraine invasion
| The International Energy Agency released a statement Tuesday attributing the decision to a combination of already tight global oil markets that have become further strained by Russia's invasion of Ukraine. Although the sanctions countries have imposed in recent days do not directly target its oil and gas sectors, Russia is expected to shrink crude oil exports dramatically. |
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| | | | News Alert | March 1, 12:27 p.m. EST | | | | | The International Energy Agency released a statement Tuesday attributing the decision to a combination of already tight global oil markets that have become further strained by Russia's invasion of Ukraine. Although the sanctions countries have imposed in recent days do not directly target its oil and gas sectors, Russia is expected to shrink crude oil exports dramatically. | | | | | |
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