economicUnverifiedRussia
○ 1 source
Alexander Novak stated that the ability to utilize oil stockpiles to stabilize the global market was nearly exhausted.
Location: Strait of Hormuz
Events Archive
economicOct 8, 2026
Major oil companies eye Middle East investments despite war — newspaper
Summary
Patrick Pouyanne, chief executive of France’s TotalEnergies, believes the Middle East still has the cheapest oil
Actors involved
Other
Sources
- TASS (Russia)(Russian State)
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