Latvia receives first oil reserve shipment, marking key transition

RIGA, Dec. 2 (Xinhua) -- Latvia marked a significant milestone on Monday as the first ship carrying its strategic oil reserves arrived at the port of Riga, the Economics Ministry announced.

This delivery represents a key step in Latvia's transition to a new oil reserve management system, the ministry said. The shift aims to bolster the country's energy security, strengthen resilience to economic crises, and cut