United States begins releasing 172 million barrels from oil reserve

Saturday, 14 March 2026RSS
United States begins releasing 172 million barrels from oil reserve

The offensive by the US and Israel against Iran has led to the suspension of maritime traffic through the Strait of Hormuz.

Context & Explainers

Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.

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