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Croatia Releases 35,000 Tonnes of Diesel to Stabilize Market

4/1/2026

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Story summary
  • The Croatian government approved releasing 35,000 tonnes of diesel from emergency reserves to support stability.
  • The move aligns with the International Energy Agency (IEA) coordinated release of 400 million barrels.
  • The IEA aims to prevent supply shocks from Middle East instability, especially in the Strait of Hormuz.
  • Experts warn ongoing geopolitical risks could keep market volatility despite temporary relief.