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Record release of emergency oil reserves planned as prices surge

The G7 group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began G7 nations have said they would support the collective release of oil from their reserves to tackle soaring prices since the start of the US-Israel war with Iran. The group of countries has been meeting with the International Energy Agency (IEA), whi... [2096 chars]

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