Browsing: Reserve

Members of the Group of Seven (G7) has announced they will release up to 100 barrels of strategic oil reserves as prices continue to soar amid the US-Israel war with Iran.

EU contemplates oil release: EU Energy Commissioner Dan Jørgensen has told Europe Today that releasing strategic oil reserves to cushion soaring prices “is a possibility”, as the US mounts pressure on EU allies to release diesel reserves or face a US export ban.

The IEA has hinted that releasing further strategic oil reserves could be an option to ease supply shortages.

Chase’s premium Sapphire lineup includes both a personal and a business option: the Chase Sapphire Reserve® (see rates and fees) and the Chase Sapphire Reserve for Business℠ (see rates and fees).