The large industrialized countries will

inject 60 million barrels of oil into the market

to curb the rise in the barrel of oil, which today has exceeded the psychological barrier of 100 dollars economic sanctions make it difficult to pay for purchases of crude oil and natural gas That country.

half of those 60 million barrels will come from the

United States, and the rest from Europe and Asia.

Releasing barrels from strategic reserves is something relatively frequent, which has been applied especially since the end of the 1990s, when

Bill Clinton

was president of the United States.

A few months ago, the United States carried out this measure to curb the rise in oil prices, which was threatening to cause a rise in inflation and further damage the popularity of the president of that country, Joe Biden.

The move comes just as European oil majors are pulling out of Russia.

The Norwegian public company

Equinor, the Anglo-Dutch Shell

- the largest private oil company in the world by turnover -, and the British BP - the third - have announced that they are disposing of their holdings in Russian companies and projects, which will be a blow to their accounts of results.

The American

Exxon has not announced

any decision, although it seems unlikely that it will be able to hold out in that country.

Meanwhile,

the Ukrainian government has managed to place 277 million dollars

(249 million euros) of debt on the international market.

The placement has been marked by technical problems, as Ukraine has had to take much of its communication systems offline to protect them from Russian cyberattacks, but also by tremendous investor sympathy.

In fact, Kiev has been able to place this issue at the same interest as the Ukrainian debt was before the invasion.

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Know more

  • Ukraine

  • War Ukraine Russia

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War in Ukraine The US increases its military aid to Ukraine and the EU will facilitate the delivery of weapons

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