President Joe Biden of the United States Create a buzz in the world crude oil market. with the diplomatic game It has persuaded key Asian allies India, South Korea and Japan, as well as rival China, to work together to release crude oilสมัครเกมสล็อตin its Strategic Petroleum Reserves (SPRs) simultaneously.

The main goal is to pull the price of crude oil. which has increased strongly throughout this year to lower the level Unravel the knot of energy prices that are becoming more and more critical.

An interesting point is that all five countries, namely the United States, China, India, South Korea and Japan, are among the top five oil importers in the world.

Analysts agree that If such a collaboration actually happens. Will definitely affect the level of oil prices in the world market. Crude oil prices will drop at least in the short term This will affect the income of countries in the OPEC Plus alliance as well.

Kevin Book, an analyst at Clearview Energy Partners Group, said the collaboration It was not only in retaliation for rejecting US requests to increase crude oil output. It will also send a threat to OPEC Plus. directly as well

because it is shown that when oil producing countries join hands to control the direction of the market and oil prices Consumer countries can join hands for similar benefits as well.

An important question that arises that follows is gathering under the leadership of the United States this time Can it really happen?


In the past, when there was an oil supply problem The United States will use the method of movement through The International Energy Agency (IEA) has 30 member countries, all of which are major oil consumers. The last time that crude oil from stockpiles was released simultaneously was due to the coordination of the IEA itself.

this movement It was the first use of diplomatic relations.

However, Japan and South Korea are already members of the IEA. and clearly showed ready to cooperate with the United States