Energy Crisis Sparks Largest Oil Reserve Release in History
Stock markets | Business | The Guardian
IEA’s oil release is largest in its history; UK government considering support schemes for households and businesses hit by surge in energy prices
The International Energy Agency has announced its biggest strategic petroleum reserve release ever as governments scramble to ease soaring energy prices. The UK government is exploring support schemes for households and businesses devastated by the energy surge. The coordinated response reflects growing concerns about economic fallout from the crisis.
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