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G7 Ministers to Weigh Emergency Oil Release as Middle East War Triggers Market Chaos Group of Seven finance ministers will convene emergency talks Monday to consider coordinated releases from strategic petroleum reserves in an effort to stabilise global energy markets convulsed by the escalating Middle East conflict, according to a French government source with direct…
The G7 is the informal grouping of industrialised democracies that meets once a year to discuss global economic challenges, international security, human rights, energy policies and other key global issues. Of recent, a unified statement released by the leaders of the G7 has increased the growing tensions in the group, especially between the US and…
