2026-03-09 15:31:03

G7 finance ministers hold an emergency meeting to discuss oil prices.

The current consensus is: do not release strategic petroleum reserves for now.
Although countries have stated they are prepared to use reserves if necessary to stabilize energy supply, the final decision still depends on further discussions among G7 leaders this week.
The background is the escalation of conflicts between the U.S. and Iran, leading to a continuous surge in oil prices.
If oil prices continue to break through, risk aversion in global markets could further intensify.
#MiddleEastSituation

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