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Treasury Secretary Scott Bessent said on March 19 that President Donald Trump was considering another oil release from the Strategic Petroleum Reserve.
Gas markets reacted as Iranian strikes and counterstrikes hit Gulf energy sites, raising fears of supply shocks amid already low European storage levels.
European and Japanese leaders condemned Iranian attacks, warning of global energy disruption and pledging support to keep the vital Hormuz shipping route open.
Treasury Secretary Scott Bessent said on March 19 that President Donald Trump was considering another oil release from the Strategic Petroleum Reserve.
Gas markets reacted as Iranian strikes and counterstrikes hit Gulf energy sites, raising fears of supply shocks amid already low European storage levels.
European and Japanese leaders condemned Iranian attacks, warning of global energy disruption and pledging support to keep the vital Hormuz shipping route open.