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المشهد العربي
G7 releases 100M barrels from reserves
The G7 countries have agreed to withdraw 100 million barrels from emergency oil and diesel reserves, in the largest such operation in history, aimed at calming the rise in fuel prices linked to the war with Iran. The operation will be carried out in a coordinated manner through the International Energy Agency over four months, with a significant and early withdrawal occurring within 20 days. This step reflects their efforts to address market volatility in the oil sector and the impacts of regional conflict.
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