ECB's Guindos: The Impact of Iran Conflict Hinges on Its Duration and Intensity

Just in | EU Commission President Ursula von der Leyen reports that Europe's reliance on fossil fuels has resulted in an additional €3 billion in costs within the first ten days of the US-Israeli conflict with Iran. Just in | EC President von der Leyen warns that reverting to Russian fossil fuels amid the current crisis would be a significant strategic mistake. EU VON DER LEYEN: EU PREPARING OPTIONS TO LOWER ENERGY PRICES

#OOTT | French FinMin Lescure: Not Yet Decided On Oil Stock Release - RMC Radio - G-7 Leader Talks Will Discuss Oil Stock Release French FinMin Lescure: Not Revising French Growth Forecasts Now - French Economy Remains Resilient - Oil Stockpile Release Must Be Coordinated

#OOTT | IEA Proposed Oil Stockpile Release Of About 300-400M Barrels #OOTT | IEA To Recommend Release Of Oil From Strategic Reserves, Volume Of Release Would Exceed 100 Mln Bbls In First Month – RTRS Sources

Japan PM Takaichi: Industry Minister Instructed To Introduce Emergency Measures To Curb Gasoline Prices - To Start Releasing Part Of Oil Reserves As Early As On 16th March - To Release 15 Days Worth Of Private-Sector Oil Reserves, One-Month Worth Of State Oil Reserves #OOTT