G7 finance ministers are reportedly set to discuss a coordinated release of emergency oil reserves on Monday, as governments scramble to contain a sharp surge in crude prices triggered by the war in Iran.Ministers will hold a call with International Energy Agency (IEA) executive director Fatih Birol to assess the impact of the conflict and consider a joint release of petroleum from strategic reserves, according to the Financial Times.The outlet reported that three G7 countries, including the United States, have expressed support for tapping stockpiles, with some U.S. officials viewing a potent...

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