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Japan Starts Releasing State Oil Reserves to Steady Fuel Supplies

Tokyo asks the IEA to prepare a further coordinated draw.

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Sanctions Reshape Oil Trade as Tanker Rates Hit Five-Year Highs and India Cuts Russian Crude

Ukraine Claims New Strike on Ryazan Refinery as Rosneft Plant Remains Shut

Oil Pares Slide on U.S. Stock Draw as OPEC+ Plans Temper Gains

Oil Rebounds on Renewed War Risk and Surprise U.S. Stock Draw