09/03/2026 16:48
The Guardian
Finance ministers monitoring situation but stop short of agreeing to release emergency oil reservesIran war drives oil prices above $100 a barrelBusiness live – latest updatesThe G7 said it was ready to take “necessary measures” to address the economic impact of the US-Israel war on Iran, after a meeting prompted by soaring oil prices, which rose above $100 (£74) a barrel for the first time since 2022.Following a remote meeting on Monday, G7 finance ministers said they would closely monitor the situation but stopped short of agreeing to release emergency oil reserves. Continue reading...
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