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Why Oil Prices Surged Even After the Release of Strategic Reserves

The New York Times – Business:

Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.

Aaron Krolik
Author: Aaron Krolik

This post first appeared in The New York Times – Business. Read the original article.

Written by

Aaron Krolik

in

Energy Department, International Energy Agency, Iran, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Shortages, US and Israeli Attack on Iran (2026)
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