Strategic oil reserves on the table as G7 meets

✍️ Arifa Noor, Jawed Naqvi, Naeem Sadiq, Ehsan Malik, Maleeha Lodhi 📅 March 10, 2026 07:32 AM ⏱️ 2 min read 🕐 Scraped: March 10, 2026

Summary: Europe insists no ‘imminent’ shortage; Japan orders reserve to prepare for releases

Smoke rises following a strike on Bahrain’s Bapco Oil Refinery.—Reuters

PARIS: France’s finance minister thinks the G7 is “not there yet” in terms of any release of strategic oil reserves as the world’s leading industrialised nations held crisis talks on the economic fallout of the Middle East war.

France hosted a video meeting of G7 finance ministers on the Middle East crisis on Monday, as the war fuels fears for the

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Author

Arifa Noor, Jawed Naqvi, Naeem Sadiq, Ehsan Malik, Maleeha Lodhi

Original Publisher

🌍 Dawn

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Published Date

March 10, 2026 at 07:32 AM

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