France Taps Strategic Reserves as Refinery Strikes Persist

  • Minister says country has enough to last weeks of protests
  • Exxon says Gravenchon plant operating normally, shipping fuel
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France began releasing strategic fuel reserves amid strikes at refineries that caused nationwide shortages and clashes between police and protesters.

While panic-buying by motorists drove demand to three times the normal level Tuesday, France has enough stocks even if the strikes persist for weeks, Transport Minister Alain Vidalies said on iTele. The problem isn’t about supply but about delivery, he said.