Bessent calls for World Bank reforms, including upstream oil and gas financing - Reuters

The IEA Report Reveals a Critical Drop in OECD Oil Reserves

The IEA report reveals OECD oil inventories have dropped to their lowest level since 1989. Diesel shortages are forecasted to continue until 2027. Global observers note the crisis is testing the resilience of global supply chains. Meanwhile, the World Bank has proposed reforms covering upstream oil and gas financing. Oil prices have remained stable despite threats to Middle East and Russian supplies.

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