US-Iran War: Iran Strikes Shake Gulf Energy Markets Amid Global Oil Fears | WION

Iran’s recent strikes in the Gulf have rattled the region’s energy network, prompting warnings from Qatar Energy Minister Saad Al-Kaabi about wide-reaching retaliation. While the US rules out direct oil market intervention, the International Energy Agency (IEA) is set to release its largest-ever stockpile of 400 million barrels, aimed at stabilizing global supply. Energy analysts warn that these developments could have far-reaching effects on oil prices, shipping, and global markets.

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