A near 14% jump in oil prices due to the Iran war triggered an emergency meeting of the G7 with plans to release strategic reserves top of the agenda.

Il G7 sarebbe pronto a discutere oggi il rilascio comune e coordinato delle riserve strategiche di petrolio per frenare la corsa del petrolio a seguito della guerra in Iran. Lo…

Il G7 sarebbe pronto a discutere oggi il rilascio comune e coordinato delle riserve strategiche di petrolio per frenare la corsa del petrolio a seguito della guerra in Iran. Lo…

Si starebbe valutando il rilascio di 3-400 milioni di barili, circa il 25%-30% delle riserve a disposizione dei 32 paesi aderenti all’Aie

Rilascio congiunto di petrolio dalle riserve. La proposta è sul tavolo dei ministri delle finanze del G7 che ne discuteranno già oggi in una riunione online prevista oggi...

US among three countries so far backing measure triggered by Middle East war, according to reports

A big intervention is being discussed in the oil markets, but as yet, we do not know how big the problem will be.

A near 14% jump in oil prices due to the Iran war triggered an emergency meeting of the G7 with plans to release strategic reserves top of the agenda.

Los países del G7 mostraron este lunes su disposición a adoptar "todas las medidas necesarias" para estabilizar los mercados de hidrocarburos.

Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

Earlier Monday, French President Emmanuel Macron said the G7 would this week discuss a possible release of strategic oil reserves.

Los países del G7 aseguraron este martes que están listos para actuar "de forma urgente, en el momento necesario y con todas las herramientas posibles" para estabilizar los…

The IEA's members are advanced economies in North America, Europe and Northeast Asia. They collectively hold about 1.2 billion barrels of oil in reserve.

Oil prices drop to $87.80 amid IEA's emergency talks and focus on the critical Strait of Hormuz amidst ongoing conflict.

Oil prices were choppy on Wednesday morning as markets continue to watch developments in the U.S.-Iran war.

International Energy Agency reportedly proposed largest release of oil reserves in its history to bring down crude prices

The group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began

RIYADH: Germany, Japan and Austria will release part of their oil reserves after the International Energy Agency recommended the release of 400 million barrels of oil from…

A group representing many of the world's wealthiest countries agreed Wednesday to release the largest volume of emergency oil reserves in its history.

The IEA's 400-million-barrel emergency release, more than double its Ukraine response, comes as Iran cut Strait of Hormuz exports to less than 10%.

The International Energy Agency announced it has agreed to take emergency action and release 400 million barrels of oil into the market.