Why Oil Prices Surged Even After the Release of Strategic Reserves
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
Last updated: 2026-03-12 09:06:16 ET
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
While it is uncertain how long the turbulence will last, some analysts are tempering expectations of monetary easing.
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