The US does not plan to extend oil releases from its Strategic Petroleum Reserve (SPR), which are scheduled to end in the fall, Amos Hochstein, US President Joe Biden’s Special Presidential Coordinator for International Energy Affairs, said in an interview with Yahoo Finance on Friday.
The move follows EU clarifications on rail shipments to the Russian exclave of Kaliningrad Lithuanian Railways resumed the transit of sanctioned goods from Russia to its exclave of Kaliningrad, starting on July 22, Mantas Dubauskas, spokesman for LTG Cargo, the freight subsidiary of Lithuanian Railways, said on LRT TV on Friday.
The announcement follows the signing of a UN-brokered deal to unblock Ukraine’s grain exports Kiev plans to export around 3 million tons of wheat and other agricultural products per month through the Black Sea ports, Deputy Minister of Infrastructure Yury Vaskov said on Friday, after representatives of Ukraine, Russia, the UN, and Turkey signed a…