20 mln barrels of oil transported through Strait of Hormuz in 24 hours
Another 72 commercial vessels transited the Strait of Hormuz in the past 24 hours, US Energy Secretary Chris Wright informed
US Energy Department
US to release 40 percent of oil from strategic petroleum reserve
The U.S. will release 172 million barrels of oil from its strategic petroleum reserve in a bid to reduce oil prices that have soared due to supply shocks from the U.S.-Israeli war on Iran, U.S. Energy Secretary Chris Wright said.
US to stop Iran nuclear arms ambitions one way or the other
The United States will deter Iran from acquiring nuclear weapons “one way or the other,” U.S. Energy Secretary Chris Wright warned.
EU could end Russian gas purchases in year - U.S.
The EU could end purchases of natural gas imports from Russia within 6 to 12 months, U.S. Energy Secretary Chris Wright said after a meeting with EU Energy Commissioner Dan Jorgensen.
U.S. plans to buy back 60 mln barrels for emergency oil stockpile - report
The United States will take bids this fall to buy back 60 million barrels of crude oil for the U.S. Strategic Petroleum Reserve, the first step in replenishing the stockpile after a record-sized release this spring, the Department of Energy …
US to drop world oil prices
US Secretary of Energy Jennifer Granholm said in an interview with Bloomberg that Washington is currently contemplating the release of strategic oil reserves in order to lower world energy prices. "Yes, we are definitely …
