Germany initiated the release of fuel from the strategic reserves.

Germany initiated the release of fuel from the strategic reserves.

Germany's national oil storage agency (EBV) began tenders on Friday for the sale of quantities of diesel, heating oil and crude oil from the country's strategic reserves.

According to IRNA, one of the traders who received orders to buy oil from these reserves told Reuters that this auction is Germany's first move to release oil from strategic reserves.

Irna Jahan