G7 Weighs Strategic Oil Reserve Release as Middle East Crisis Lifts Prices

G7 Weighs Strategic Oil Reserve Release as Middle East Crisis Lifts Prices

G7 finance ministers will discuss releasing strategic oil reserves during a meeting on Monday as tensions in the Middle East push global oil prices higher. A French government source said the move is one option under consideration to stabilise energy markets affected by the ongoing US-Israeli war with Iran. Asian stock markets fell on Monday […]