US-Israel war on Iran triggers global race to build strategic oil reserves (opens original article in a new tab)

Global countries are increasing oil and gas reserves to mitigate economic impacts from future conflicts, driven by the US-Israel war on Iran.

• VULNERABLE countries are building oil and gas storage to avoid economic losses from future conflicts
• The drive could add half a billion barrels of demand
• US-Israel conflict with Iran is prompting global efforts to secure energy reserves