Minister Akazawa says Japan called on G7 and IEA to prepare to take more flexible measures, including more coordinated oil reserve releases at appropriate time

Minister Akazawa's call for a coordinated effort among G7 and IEA to strategize on oil reserve releases suggests a proactive approach to stabilizing oil prices, particularly in response to supply concerns or geopolitical tensions.

Newsquawk StaffPublished 30 Mar 2026, 13:34 UTCOn the live feed at 13:14 UTC — 6 more headlines followed before this page went public

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13:20

Saudi Ministry of Defense notes the interception and destruction of two drones in the past hours

13:17

Hundreds of US Special Ops military personnel, including Navy SEALs and Army Rangers, are now in the Middle East, as well as Marines and Army paratroopers, CBS reports citing sources

13:14

Minister Akazawa says Japan called on G7 and IEA to prepare to take more flexible measures, including more coordinated oil reserve releases at appropriate time

13:07

India extends export/import period for some categories of gems and jewelry by thirty days in response to geopolitical situation

13:00

Israeli Central Bank maintains its Base Rate at 4.00%, as expected

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Context

This could signal potential volatility in oil markets, impacting WTI prices and indirectly influencing other commodities and currencies linked to energy output.

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