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Japan's Finance Minister Katayama announced that G7 finance ministers discussed a coordinated release of oil reserves, with energy ministers expected to further consider effective methods to address market stability.
Crude oil at its highest levels since 2020 - G7 countries consider coordinated release of strategic oil stocks in cooperation with the IEA in an effort to stabilise energy markets The post “Fire” in…
G7 finance ministers to discuss joint oil reserve release - report Daily Mirror - Sri Lanka
Poilievre called for an end to the clean fuel standard to help address gas price increases in the short-term
The G7 finance ministers' meeting will discuss the possibility of using strategic oil reserves to stabilize energy markets, which have been shaken by the crisis in the Middle East.
G7 Finance Ministers will hold a videoconference meeting on Monday to assess the situation in the Gulf region.
G7 finance ministers held a virtual meeting to discuss the Middle East conflict and its regional stability impact, stating their readiness to release oil stockpiles to help stabilize supply.
G7 finance ministers are reportedly set to discuss a joint release of oil reserves in response to global energy market conditions.
G7 finance ministers and central bank governors are set to convene for a key meeting as diplomatic tensions escalate over the Iran conflict.