Sets economic growth target of 5.5% for 2022

European bloc allows Russian oil shipments to third countries

The strong performance sent its shares up as much as 7%

Gasoline inventories rose 3.5m barrels last week, exceeding forecasts

Sets out plans for countries to reduce consumption by 15% until March

Economic slowdown worries offset tight supplies, weaker dollar

Saudi Arabia and its OPEC partners pump more oil

Urges major economies to act swiftly against inflation

Agreements had been struck for rail projects worth $4.9 billion

Tokyo faces energy security risk as tensions rise with Moscow