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المشهد العربي
Germany looks to extend oil reserve drawdown
The German Federal Ministry for Economic Affairs announced that it is considering extending the partial withdrawal from national oil reserves after the summer. Germany had temporarily reduced storage requirements in March to participate in an emergency drawdown from international oil stocks to counter supply disruptions caused by the Iran war. It was among 32 countries that approved the withdrawal of 400 million barrels to address the rise in global oil prices.
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