French Finance Minister Lescure has requested that the IEA work on potential scenarios for an oil stockpile release. Need to be prepared to act at any point.
Importance
Level 1
- All nations (seemingly referencing the G7) are willing to take stabilisation measures, including the US.
- G7 wants to be prepared to use stockpiles if required.
- Domestic diesel prices have already increased notably.
- The next step is the IEA governing board beginning at 15:00 CET.
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