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  "path": "/oil-retreats-from-118-high-as-g7-weighs-biggest-reserve-release-in-history/?utm_source=rss&utm_medium=rss&utm_campaign=oil-retreats-from-118-high-as-g7-weighs-biggest-reserve-release-in-history",
  "publishedAt": "2026-03-09T11:46:36.000Z",
  "site": "https://thedeepdive.ca",
  "tags": [
    "Latest",
    "Macro",
    "Oil",
    "G7",
    "G7 SPR",
    "IEA",
    "oil price",
    "Strait of Hormuz",
    "US/Israel-Iran War",
    "Oil Retreats From $118 High as G7 Weighs Biggest Reserve Release in History",
    "the deep dive"
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  "textContent": "\n\nG7 finance ministers convened an emergency call with International Energy Agency Executive Director Fatih Birol on March 9 to discuss a possible coordinated release of strategic petroleum reserves, after crude oil briefly surged to nearly $120 a barrel — its highest level since 2022 — as the Iran war throttled Middle East energy exports. The […]\n\nThe post Oil Retreats From $118 High as G7 Weighs Biggest Reserve Release in History appeared first on the deep dive.",
  "title": "Oil Retreats From $118 High as G7 Weighs Biggest Reserve Release in History"
}