Countries should buy and store oil during this time, they should store oil now because it’s prices have fallen down due to coronavirus. When coronavirus spread people got scared and didn’t want to travel so flights stopped and oil stoped getting used by airplanes. When oil stopped getting used countries decreased oil price to sell oil.
Now oil is cheap so countries should buy and store oil so that they don’t need to buy costly oil later and can reduce inflation. This is a really good way of saving oil strategically.
Donald trump has already thought about it he says it is a strategic petroleum reserve.Donald trump has bought oil to reserve. countries should start reserving oil like America.
Donald trumps strategy.