WASHINGTON, March 15 [Category: Energy] -- The Institute for Energy Research posted the following commentary: * * * Oil and Gasoline Prices Volatile Amid the Conflict with Iran * Key Takeaways 1 Oil prices climbed above $100 a barrel on March 9 and reached levels not seen in four years as the conflict in Iran forced exporting nations in the Persian Gulf to cut production. 2 The effective closure of the Strait of Hormuz due to Iranian threats has led storage facilities to reach capaci  more

WASHINGTON, March 15 [Category: Energy] -- The Institute for Energy Research posted the following commentary: * * * U.S. Will Release 172 Million Barrels of Oil From the Strategic Petroleum Reserve * Key Takeaways 1 Member states of the IEA have agreed to release 400 million barrels of strategic reserves in the wake of Iran's closure and mining of the Strait of Hormuz. 2 The U.S. share will be 172 million barrels over four months, beginning next week in conjunction with other members  more