G7 countries have not decided whether to release emergency oil stocks following the U.S.-Israeli war on Iran, according to France's Finance Minister Roland Lescure. The lack of a coordinated release keeps a risk premium on oil prices and leaves upside pressure on energy markets until a definitive policy action or coordinated SPR draw is announced.
G7 countries have not decided whether to release emergency oil stocks following the U.S.-Israeli war on Iran, according to France's Finance Minister Roland Lescure. The lack of a coordinated release keeps a risk premium on oil prices and leaves upside pressure on energy markets until a definitive policy action or coordinated SPR draw is announced.
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