Send
Print
Faces Of The World via flcikr
The G7 countries do indeed maintain strategic reserves. French media reported that Macron stated the measures are specifically meant for this purpose: to address situations during periods of tension.
He added that the countries are becoming more open to the idea of using the stock.
Earlier, Japanese Finance Minister Satsuki Katayama stated that the G7 nations conducted online discussions regarding the coordinated release of oil from their strategic reserves.
The Financial Times stated that G7 finance ministers intend to talk about the option of jointly releasing oil from their strategic reserves, with the International Energy Agency (IEA) helping to organize the effort. Thirty-two countries that are members of the International Energy Agency maintain strategic petroleum reserves as part of a shared emergency system meant to address crises in the oil market.
source: ft.com
He added that the countries are becoming more open to the idea of using the stock.
Earlier, Japanese Finance Minister Satsuki Katayama stated that the G7 nations conducted online discussions regarding the coordinated release of oil from their strategic reserves.
The Financial Times stated that G7 finance ministers intend to talk about the option of jointly releasing oil from their strategic reserves, with the International Energy Agency (IEA) helping to organize the effort. Thirty-two countries that are members of the International Energy Agency maintain strategic petroleum reserves as part of a shared emergency system meant to address crises in the oil market.
source: ft.com
