Bloomberg Politics

EU’s Dombrovskis Says Release of Oil Reserves Is an Option

Mar 9, 2026Center

European Union Economy Commissioner Valdis Dombrovskis said euro-area finance chiefs will talk about a possible joint release of oil reserves after crude smashed through $100 a barrel.

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G7 to discuss release of emergency oil reserves as price tops $100

The Guardian

Mar 9, 2026

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G7 to discuss release of emergency oil reserves as price tops $100

US among three countries so far backing measure triggered by Middle East war, according to reportsIran war drives oil prices above $100 a barrelBusiness live – latest updatesG7 finance ministers are preparing to discuss the release of emergency oil reserves, according to reports, after the US-Israel war with Iran sent the price of crude above $100 (£75)…

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G7 countries rule against release of oil reserves to arrest surge in prices

Washington Examiner

Mar 9, 2026

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G7 countries rule against release of oil reserves to arrest surge in prices

The Group of Seven nations have decided against jointly releasing hundreds of millions of barrels of crude oil reserves to stanch skyrocketing prices, which have hit over $100 a barrel in what has been described as the most severe energy crisis since the 1970s. Following a virtual call on Monday, it was revealed that the…

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