France to Host G7 Energy Meeting Next Week Amid Crisis, Discuss Strategic Oil Reserves

France has announced it will host a G7 energy meeting within the coming week to respond to the energy crisis, with discussions focusing on potential releases of strategic oil reserves. President Emmanuel Macron stated on the 18th that the G7 would convene to strengthen cooperation and review possible measures for releasing or utilizing strategic oil stocks, according to AFP.

Reuters reported the meeting aims to address the deepening energy crisis linked to the Iran war and enhance supply coordination among G7 member nations.