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Corentin DAUTREPPE

Strategic oil reserves, a crisis cushion

Strategic oil reserves, a crisis cushion

The 32 member countries of the International Energy Agency (IEA) decided on Wednesday to unlock 400 million barrels of oil from their reserves to ease the impact of the Middle East war. The sixth release of oil from the strategic petroleum reserves is the biggest such release ever. It is

Soaring gas prices spark renewed debate about European electricity

Soaring gas prices spark renewed debate about European electricity

A surge in natural gas prices since the Middle East war erupted has sparked renewed debate about Europe's electricity market, where prices are still linked to gas. Industrial firms and countries like Italy are already calling for reform ahead of an EU summit on competitiveness on March 19.