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U.S. announces record Strategic Petroleum Reserve release; energy-related Russia sanctions updates

On March 31, to address rising energy prices in the U.S. and globally, the Biden administration announced a record release from the Strategic Petroleum Reserve, of roughly one million barrels per day, every day for the next...more

New measures from the US, UK, and EU aim to significantly reduce reliance on Russian energy supplies

On March 8, 2022, the United States, United Kingdom, and European Union announced measures intended to eliminate or reduce their reliance on Russian energy imports. Until now, these countries had largely refrained from...more

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