EnergyHighUnknownAccelerating
7.4
Europe taps emergency oil reserves; G7 move cuts Brent, WTI prices
AktualityLO·EU · US·3 days ago
Uzbekneftegaz announced plans to drill 40 more oil and gas wells in Q4 2026 to increase natural gas reserves, as reported by the presidential press service. The move signals continued state-driven investment in domestic energy production, likely aimed at reducing import dependence and meeting domestic demand. Uncertainty remains over funding and execution timelines.