LNG

The Group of Seven (G-7) is today discussing a joint release of oil from emergency reserves, coordinated by the International Energy Agency (IEA). The move comes as oil prices skyrocketed more than 25 percent today (March 9) amid fears of a prolonged halt in shipping through the Strait of Homuz, which could cause severe oil and LNG shortages and disrupt supply chains in Europe and Asia.

Subscriber content
	This content is available only to subscribers please log in below or subscribe now / request a free trial
	Username Password Remember me Forgot your password? Forgot your username? Create an account