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126 new news items in the last 24 hours
  1. Home
  2. Economy

What measures are the USA and European countries taking to stabilize oil prices?

Lara Maior
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20 March 2026, 04:53
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Economy
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Oil prices fell on Friday, influenced by the efforts of European countries and Japan to ensure the safe passage of ships through the Strait of Hormuz, as well as by the measures announced by the U.S. to stimulate oil supply. U.S. Treasury Secretary Scott Bessent mentioned the possibility of lifting sanctions on blocked Iranian oil and a new release from the Strategic Petroleum Reserve. Brent futures contracts fell by $1.36, while WTI dropped by $1.92. Although prices have decreased, Brent is on track to rise by nearly 4% for the week, while WTI could register its first weekly decline in the last five weeks. World leaders have acknowledged the need for de-escalation, and the UK, France, Germany, Italy, the Netherlands, and Japan have committed to contributing to ensuring safe passage through the strait. The U.S. intends to relax sanctions on Iranian oil to ease market tensions, while production in North Dakota is expected to increase.

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Financial Intelligence
Prețul petrolului scade pe fondul eforturilor SUA și ale aliaților de a crește oferta și de a debloca Strâmtoarea Hormuz; SUA vrea să suspende sancţiunile împotriva petrolului iranian
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Mediafax
Prețul petrolului scade, după ce Netanyahu a anunțat că Iranul nu mai poate îmbogăți uraniu

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NEWS ON THE SAME TOPICS

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Economy
The price of oil has reached its lowest level in the last two weeks, in the context of optimism regarding a peace agreement between the USA and Iran.
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Economy
The price of a barrel of oil has dropped by more than 3% after the signing of a memorandum of understanding between the USA and Iran for the reopening of the Strait of Hormuz.
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International
The first effects of the US-Iran agreement. Oil prices are falling while Asian markets react positively.
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Oil prices fell by approximately 3% after Donald Trump showed reluctance to resume military conflict with Iran.
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International
The oil shock, far from being resolved by the US-Iran agreement. Analysts warn that the volatility of oil prices will continue.
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Economy
The USA temporarily suspends sanctions against Iran for aid.
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