G7 to discuss joint release of emergency oil reserves
Middle East war has triggered surge in crude prices that threatens global economy
Middle East war has triggered surge in crude prices that threatens global economy

Stocks near 8-year low ahead of summer travel season despite collapse in demand

Plan underlines fears for the global economy from energy shock triggered by the Middle East war

Crude back below $90 after surging to nearly $120 on Monday

US and Israeli air strikes throw energy markets into turmoil

Open source intelligence and social media posts gave market participants confidence to sell despite turmoil

Oil briefly hit $85 a barrel as Iraqi production shuts down because so few tankers risk journey through Strait of Hormuz