G7 energy ministers 'ready' to take 'necessary measures' on oil reserves

G7 energy ministers 'ready' to take 'necessary measures' on oil reserves

Energy ministers of the G7 said on Wednesday they "stand ready" to take "all necessary measures" in coordination with the International Energy Agency (IEA) to tackle the rise in crude oil prices due to the Middle East war.

GENEVA In an aerial view, pumpjacks operate while others stand idle in the Belridge oil field on March 10, 2026 near McKittrick, California. AFP Energyministers of the G7 said on Wednesday they "st… [+2925 chars]