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المشهد العربي
Spain releases more oil reserves
The Spanish authorities have announced the release of additional amounts from their strategic oil reserves. They have released approximately 4.4 million barrels of middle distillates, enough to cover Madrid's consumption for six days, and this quantity will remain in the markets until mid-December. This move is part of international efforts to support the energy market and curb rising prices. It is the second tranche of Madrid's pledge to release 11.5 million barrels, following an initial release of 3.7 million barrels.
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