France, March 19 -- RFI: Gas and oil prices have surged in recent hours. Markets are rattled after the latest attacks on energy sites in the Gulf, in addition to the near-blockade of the Strait of Hormuz. A barrel of Brent reached $113 on Thursday morning...

Thierry Breton: It's clearly not moving in the right direction. That said, markets have not yet spiralled out of control. They are still betting on a relatively short war and are paying close attention to the decision by the main oil producers to release 400 million barrels from strategic reserves, to offset the impact of the Strait of Hormuz blockade - a route through which 20 percent of global oil consumption passes. In effect, we have around 20 days to cushion the harmful effects ...