cross-posted from: https://lemmy.zip/post/72557390

The agreement to release oil stocks comes amid growing concerns in Brussels about entering winter with low strategic reserves, and becoming more susceptible to what several EU officials described as US “blackmail”.

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[–] 6 points 5 days ago

Europe runs out soon and the us reveals millions of barrels left in their own reserve that they'd sell to the eu for $250/barrel.

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