
Oil at the Edge: Can strategic reserves prevent the next energy shock?: Oil & Gas 360
(By Oil & Gas 360) (Part II) When oil markets face a sudden shock, governments have one tool they can deploy almost immediately: emergency stockpiles. As tensions in the Middle East threaten flows through the Strait of Hormuz, policymakers are again turning to strategic reserves to stabilize energy markets. The International Energy Agency has indicated that coordinated releases from emergency reserves