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Trump Forced Release Of EU Oil Reserves - PopularResistance.Org
On Saturday, a projectile struck a Kuwaiti oil tanker in the Persian Gulf, such that five Indian seamen had to be rescued. On Friday another vessel was struck, causing a small fire onboard, but it was extinguished and the ship was able to continue on its way through the Strait of Hormuz. Also on Friday, a Houthi drone hit a Saudi Aramco refinery at Riyadh. The extent of the damage is unclear. In this volatile energy environment, Trump successfully strong-armed the European Union to release 100 million barrels of petroleum from its reserves over four months. Trump apparently hopes that this release will ease gasoline and diesel prices and help him in the midterms.