IEA’s record oil release may offer only limited relief if Hormuz stays shut: S&P

The International Energy Agency’s historic 400 million barrel oil reserve release offers limited relief as the Strait of Hormuz remains closed. S&P Global Energy warns this move won’t solve the core issue of disrupted shipping, …

The International Energy Agency’s historic 400 million barrel oil reserve release offers limited relief as the Strait of Hormuz remains closed. S&P Global Energy warns this move won’t solve the core issue of disrupted shipping, leaving Asian markets particularly vulnerable. Markets face continued imbalance until this critical chokepoint reopens.

Iran war, crude prices to steer Dalal Street this week

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‘Good stocks in hand’: India well placed on crude, fuel despite Middle East war, says Goyal

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