G7 nations allocated €2.5 billion ($2.8 billion) to provide fertilizers and bolster food security for poorer countries, especially in Africa, French Finance Minister Roland Lescure said
G7 EMERGENCY STOCKPILE RELEASES AND STRONGER MIDDLE EAST FLOWS ARE ALSO PRESSURING PRICES, BUT SUPPLY RISKS REMAIN HIGH AMID ATTACKS AND SHIPPING DISRUPTIONS, WITH ARAMCO WARNING OF “SCARILY THIN” GLOBAL STOCKPILES AND POTENTIAL UPSIDE TOWARD $110 IF TENSIONS ESCALATE.
G7 nations are to release as much as 100 million barrels of emergency oil and diesel stocks after pressure from the Trump administration to quell rising fuel prices