Macron Reviews Strategy for Releasing Strategic Oil Reserves

French President Emmanuel Macron is reviewing the option of releasing strategic oil reserves to stabilize energy prices and supply. BlockBeats reported that President Macron is considering the release of strategic energy reserves. The French presidential office announced on March 11 that International Energy Agency member countries have agreed to gradually release up to 400 million barrels, with France's share amounting to about 14.5 million barrels. The release will be coordinated with major countries depending on market conditions.