Nations agree to release oil reserves as war in Iran hits global economy The Washington PostCountries agree on historic release of crude reserves to lower oil and gasoline prices CNNCan tapping into oil reserves help stabilize prices? PBSIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBC
The Iran conflict is disrupting fertilizer shipments through the Strait of Hormuz, raising supply concerns and potentially increasing global food inflation.
Wealthy nations pledge record release of emergency oil reserves in a bid to calm surging prices AP NewsCountries agree on historic release of crude reserves to lower oil and gasoline prices CNNCountries agree to a historic release of stockpiled oil to ease global disruption NPRIEA agrees to release record 400 million barrels of oil to address Iran war supply disruption CNBC
How the Strait of Hormuz closure affects global oil supply ReutersHow Strait of Hormuz closure can become tipping point for global economy CNBCHow Iran has used the strait of Hormuz to throttle oil and gas - a visual guide The GuardianWaves of diverted containers swamping Middle East ports Journal of Commerce
Traders increased bets on a possible interest rate rise in the eurozone this year after officials on Wednesday said the bloc's central bank may be forced to act if the Iran war risks an inflation spike.
