France's Finance Minister Lescure says strategic oil reserves are ready to use to stabilise oil market; G7 not there yet on releasing oil stockpiles

France's Finance Minister Lescure highlighting readiness to use strategic oil reserves signals a proactive stance on stabilizing the oil market amidst volatility. However, the G7's hesitation to coordinate a release of stockpiles suggests a fragmented response to supply pressures, which may influence market sentiment and pricing for WTI and other commodities, potentially elevating risk in energy markets.