[Germany to Release Nearly 20 Million Barrels of Oil Reserves] According to a report by Jinse Finance, Germany's Federal Minister for Economic Affairs and Energy, Katharina Reiche, stated on the 11th that due to the surge in global energy prices caused by U.S. and Israeli military strikes on Iran, Germany will release 19.51 million barrels of strategic oil reserves to ease the pressure of rising oil prices. The German government will also impose restrictions on fuel price adjustments at gas stations, allowing fuel prices to be raised only once per day, while price reductions will not be restricted. Reiche noted that past energy crises have shown that oil prices rise quickly but fall slowly, making it necessary to stabilize market fluctuations by limiting the frequency of price increases. Germany has previously tapped into its strategic oil reserves three times: during the Gulf War in the 1990s, after Hurricane Katrina hit the U.S. in 2005, and during the 2011 Libyan war that disrupted oil exports. (Xinhua News Agency)