G7 Drops a 400 Million Barrel Bombshell As Oil Price Hits $120

G7 governments are weighing a coordinated release of up to 400 million barrels from strategic petroleum reserves. This is the largest such intervention on record and comes after oil prices surged to near $120 per barrel amid threats to the Strait of Hormuz. G7 Plans Largest-Ever Oil Reserve Release as Hormuz Crisis Drives Prices to The post G7 Drops a 400 Million Barrel Bombshell As Oil Price Hits $120 appeared first on BeInCrypto.