#strategic petroleum reserve release
Total 2 articles
PoliticsEN
The World Just Hit Its Emergency Oil Button. What Happens Next?
The IEA's record 412-million-barrel reserve release can calm oil markets short-term — but it leaves the US at its lowest reserve level since the 1980s. The real question is what comes after.
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HK
Haneul Kim
CultureEN
The World Is Draining Its Emergency Oil. Then What?
The IEA has ordered the largest strategic oil reserve release in history—412 million barrels from 32 countries. But with the Strait of Hormuz blocked, is it enough, and what happens when the reserves run dry?
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MC
Minho Choi