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Representative image of the United States Strategic Petroleum Reserve and oil infrastructure as the Trump administration authorises a 172 million barrel SPR drawdown while 32 International Energy Agency nations coordinate the largest emergency oil release in history to stabilise global crude markets.

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Representative image showing an oil tanker under attack in the Strait of Hormuz as tensions involving Iran’s Islamic Revolutionary Guard Corps raise fears of a major supply disruption that analysts warn could push global oil prices toward $200 per barrel.

Iran: Get ready for $200 oil. IRGC fires on more ships in the Gulf

SAS AB Navigates Chapter 11 With Strong Investor Support and Enhanced Liquidity

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Auto and Transport Industry News

SAS AB secures milestone investment and new financing agreement amid restructuring

In a critical development for its financial restructuring, Scandinavian airline SAS AB has reached an investment agreement with…

byPallavi Madhiraju

November 5, 2023

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