South China Morning Post CENTER (0.0) Reliability: 7.5/10

Germany, Japan to unblock oil reserves as G7 stands ‘ready’ to act

✍️ Agence France-Presse 📅 March 11, 2026 08:29 PM ⏱️ 1 min read 🕐 Scraped: March 11, 2026

Summary: The latest announcement came as G7 leaders were set to discuss the widespread economic fallout from the US-Israeli war with Iran.

Japan and Germany said on Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the Middle East war, with Berlin saying the IEA global energy body had asked member states to

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Author

Agence France-Presse

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🌍 South China Morning Post

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Published Date

March 11, 2026 at 08:29 PM

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