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The move is being touted as a way of reducing prices at the pump ahead of the presidential election, according to a report US President Joe Biden may order the release of more crude from the Strategic Petroleum Reserve (SPR) in an effort to tame rising gasoline prices and inflation ahead of the election in…
Shipments from across the Atlantic fell behind those from Moscow in May for the first time in nearly two years, data shows Europe’s gas imports from Russia overtook supplies from the US in May for the first time in almost two years, the Financial Times has reported, citing data from the consultancy ICIS.