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US oil

  • G7 ministers to discuss joint release of emergency oil reserves

    Energy

    G7 finance ministers are set to discuss a possible joint release of petroleum from reserves coordinated by the International Energy Agency in an emergency meeting on Monday, as they look to tackle surging oil prices amid the conflict in the Gulf. Ministers will hold a call with International Energy Agency’s (IEA) executive director Faith Birol [...]

    The UK could enjoy a 50 per cent production boost without breaking its net-zero pledges

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