G7 backs emergency oil reserve release as Iran war disrupts global supply
The G7 has finally said that it is ready to support a joint release of emergency oil reserves as the US-Israel war with Iran keeps driving prices higher and choking supply. The group has been in talks with the International Energy Agency, which wants member states to implement the largest reserve release in its history. […]
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- Wed, 11 Mar 2026 15:52:27 +0000