
Oil Prices Surge Above $100 as Middle East Tensions Disrupt Supplies
IEA members agreed to release 400 million barrels from strategic reserves, the largest coordinated move in the agency’s history.

IEA members agreed to release 400 million barrels from strategic reserves, the largest coordinated move in the agency’s history.

French Finance Minister says alternative oil supplies could be sourced from other regions if the Strait of Hormuz cannot be reopened.

Nuclear advocates have condemned the shutdown as counterproductive and is the latest in a self-destructive trend when it comes to German energy policy.